Money in Motion

Yen Slips, Euro Lifts, Brazilian GDP Hits the Real


Month-end selling dents the yen and Mario Draghi lifts the euro - it's time for your FX Fix.

The dollar weakened against most major currencies but rose against the yen, reflecting edginess about fiscal cliff negotiations but overall positive sentiment. []

European Central Bank President Mario Draghi offered an upbeat economic forecast, and the euro briefly lifted. []

Euro zone inflation fell, and unemployment rose in several countries, adding to pressure on the European Central Bank o ease monetary policy further. [WSJ]

The dropped in Asian trading on month-end selling y Japanese firms. [CNBC]

Japan approved its second round of stimulus in a little more than a month, ahead of December elections. [FT]

German lawmakers approved the latest bailout package for by a large majority, and the euro strengthened. [CNBC]

A Swiss leading economic indicator softened, and the dollar bounced off its earlier decline against the Swiss franc. []

A disappointing Brazilian GDP report pushed the Brazilian real lower. [WSJ]

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