Money in Motion

Germans Buoy the Euro, Dollar Stays Stuck


With worries subsiding over Italy's political turmoil and German investor sentiment beating expectations, the euro lifted off two-week lows. [CNBC]

The dollar remained stuck in a tight range as investors awaited clarity on the fiscal cliff negotiations. [WSJ]

Expectations of fresh U.S. economic stimulus boosted risk appetite and sent the higher. [CNBC]

Bank of England Governor Mervyn King warned that too many countries are trying to weaken their currencies. [Reuters]

With the new deadline looming for its debt buyback program, Greece was on track to meet its target. [Reuters]

will test forex debt markets in 2013, a top official said. [CNBC]