Euros Are Dropping, Dollar Is Flying


How unloved is the euro? Even Iceland is spewing the single currency. Time for your FX Fix.

More worries about Europe's debt woes drove the euro below $1.40. [Reuters]

The eurozone's problems and weaker commodity prices are pushing down the Australian and New Zealand dollars. [CNBC]

Ouch. Chile's peso opened 1.2% lower, tailing the euro. Brazil's real is getting hit too. [WSJ]

The dollar is jumping on investors' risk aversion. [Marketwatch]

In Iceland, the central bank is selling euros and buying kronur amid the volcanic ash, part of its plan to loosen capital controls. [Bloomberg]


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