Risk Is Out, Dollar Is In


Risk is off, debt worries are on, and the dollar is in again - time for your FX Fix.

Risk aversion and weak economic data from Australia and Europe are helping the dollar. [marketwatch.com]

The IMF is warning that Europe's sovereign debt crisis could spread to core countriesand it's ready help Greece more, but Greece still has plenty of saleable assets. [NYT]

The euro is steadier against the dollar after falling Wednesday on sovereign debt worries. [AFP]

China's central bank is guiding the yuan lower. [WSJ]

At Brazil's request, the World Trade Organization will study the relationship between trade and currencies.[WSJ]

The SEC is investigating State Street for its foreign exchange pricing for pension plans. [Reuters]


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