Money in Motion

Greek Talks Hit the Euro, Dollar Gets a Lift


Slow progress on Greek debt and a looming EU summit sap risk appetite and lift the buck — it's time for your FX Fix.

The euro slipped as short covering waned and investors awaited the outcome of Greek debt negotiations. [CNBC]

Emerging market currencies fell with the euro on worries about the progress of the Greek debt talks. [WSJ]

The dollar soared in Asian trading ahead of the European Union summit today.

The Greek finance minister rejected a German plan to impose on Greece an EU budget overseer. [CNBC]

Some currency traders believe there is money to be made by playing the clock. [WSJ]

Turkey's central bank governor is happy with the lira's recent surge. [WSJ]



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