Money in Motion

Euro Lifts, Dollar Slips, Greek Drama Continues


The euro rises on happy talk, GDP hangs over the dollar - it's time for your FX Fix.

The dollar slipped ahead of the release of fourth quarter GDP data. [WSJ]

Hedge fund buying pushed the yen higher. [CNBC]

The euro rose on officials' optimistic assessments of Greek debt negotiations. [Reuters]

J.P. Morgan considered pulling out of the euro zone's most troubled countries last year. [FT]

Portugal's borrowing costs have shot up, and investors wonder whether a second bailout will be needed. [Reuters]

The Brazilian real slipped on expectations that the central bank will aggressively cut rates to reduce the currency's appeal. [WSJ]



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