The euro fell for a second day versus the dollar after Moody’s Investors Service said France’s top credit rating is under pressure, adding to concern European leaders will struggle to resolve the region’s debt crisis.
The pound weakened versus the yen as stocks slid and record-tying U.K. inflation failed to persuade investors that the Bank of England will temper its bond-buying program after it was revived this month.
Canada’s dollar strengthened versus its U.S. counterpart on easing concern its largest trading partner may be heading into recession after a report showed American wholesale prices rose more than forecast in September.
Two Federal Reserve policy makers differed over the central bank’s ability to boost growth, with one calling for more action to fight a “massive” shortfall in employment and the other saying further steps would probably serve only to stoke inflation.
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