Money in Motion

Euro Slips, Loonie Descends


The euro is under pressure and Switzerland's top central banker is under fire - it's time for your FX Fix.

The euro hit a 16-month low against the dollar on continuing worries about funding pressures. [CNBC]

The dollar index was close to a 52-week high ahead of the nonfarm payrolls report. []

Canadian unemployment unexpectedly rose, and the Canadian dollar slipped. []

Switzerland's central bank governor rejected calls for him to quit over currency trades by his wife. [FT]

Turkey's central bank governor said Turkey would support the lira, and it rose. [CNBC]

The Hungarian forint regained some lost ground after the government and central bank moved to shore up confidence. [FT]



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