Money in Motion

Euro Sags, Loonie Heads South


A French bond sale fails to lift the euro, and the dollar is edging up - it's time for your FX Fix.

A decent French bond auction failed to quell worries about the euro, which stayed weak. [CNBC]

The dollar edged up against the yen after hitting a six-week low on Wednesday. []

The Canadian dollar moved below its 100-day moving average against the dollar, possibly setting the stage for more weakness. [FT[

China's central bank set an unexpectedly weak reference rate for the yuan, driving it lower. [WSJ]

Hungary promised to make a deal with international lenders to shore up its finances, but the forint kept falling. [CNBC]

A controversy over currency trades by the Swiss National Bank's president and his wife is heating up. [WSJ]



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