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Euro Slips, Greece Extends, Yuan Dips

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Published: Monday, 10 Dec 2012 | 7:37 AM ET
Kelley Holland By:

News Writer

CNBC

Italian Prime Minister Mario Monti announced he will resign in 2013, and the euro and Italian bonds fell on the new uncertainty. [CNBC]

The Hong Kong Monetary Authority intervened again in an ongoing attempt to keep the Hong Kong dollar in check. [CNBC]

Weaker than expected trade data from China failed to dent risk sentiment, and the Australian and New Zealand dollars approached one-month highs against the euro. [CNBC]

The Brazilian real strengthened in early trading as investors weighed the prospect of more central bank intervention. [WSJ]

Greece, needing to buy back debt to receive its next aid tranche, extended its debt-buyback deadline by one day after initial offers fell short. [RTT]

Chinese banks stepped up their dollar buying, and the yuan fell. [WSJ]

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Italian politics weigh on the euro and dollar buying dents the yuan - it's time for your FX Fix.

   
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