Dollar Jumps, Loonie's In the Dumps


The dollar is jumping against the euro, but the loonie is losing altitude — it's time for your Friday FX Fix.

The euro snapped four days of gains, weakening on new worries about Spain and Greece. [Reuters]

When traders sold the euro they bought the dollar, and when it jumped it helped spark a selloff in oil futures. [WSJ]

Most economists in a new poll believe the euro will fall and the dollar will rise after QE2 ends and risk sentiment shifts. [Reuters]

The Canadian dollar is weaker after disappointing retail sales reports and a lower than expected CPI. [WSJ]

The Bank of Japan left a key interest rate unchanged. Well, it would be hard to ease from under 0.1 percent. [AFP]

Multi Currencies vs. the Dollar

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