Money in Motion

Euro Lifts, Dollar Slips, Japanese Exporters Are Busy


Bernanke's speech looms and commodity prices dent currencies down under - it's time for your FX Fix.

The hit an eight-week high against the dollar after comments from a European Central Bank official fueled hopes the bank would take crisis-fighting steps. [CNBC]

For its part, the dollar fell against most major currencies ahead of Fed Chairman Ben Bernanke's Jackson Hole speech. [RTT]

The yuan hit an eight-week high in light trading ahead of the Jackson Hole economic symposium. [CNBC]

With commodity prices under pressure, the Australian and New Zealand dollars were hovering around one-month lows against the dollar. [CNBC]

Month-end buying by Japanese exporters sent the yen higher against the dollar and euro. [WSJ]

Euro zone states will auction more than $20 billion in debt before the European Central Bank's September 6 meeting. [WSJ]



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