Money in Motion

Euro Slips, Dollar Lifts on More Greek Drama


Down to the wire again in Greece, and the dollar looks like a refuge - it's time for your FX Fix.

Worries thatGreecemight not agree to the terms of a new key bailout deal sent the euro lower. [CNBC]

The dollar rose broadly on last week's positive employment report and concern about the outlook for Europe. [FT]

Chinese Premier Wen Jiabao said his country has a stake in helping euro zone countries through the debt crisis. [Reuters]

Disappointing retail sales data and worries about Greece hit the Australian dollar a day before a central bank meeting. [WSJ]

Julius Baer predicted that the Swiss franc will stay strong through 2012. [CNBC]

A central bank survey showed economists raising their 2012 inflation forecast for Brazil. [Reuters]



Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.

Learn more: The essential vocabulary for currency trading is on Key Currency Terms. Top strategies are broken down for you in Currency Class.       

               Talk back: Tell us what you want to hear about at