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Greece Adds More Muck to Forex

Thursday, 16 Jun 2011 | 8:10 AM ET

The euro is sliding, the safe-haven Swiss franc is rising, and everyone is watching Greece — it's time for your FX Fix.

Investors are starting to position themselves for a messy Greek default.[CNBC]

The dollar advanced on the euro on fears that Greece's problems could spread. [marketwatch.com]

The Swiss franc hit an all-time high against the euro as investors looked for a safe haven. [Reuters]

The Japanese yen got a lift as well. [RTT]

Greece's prime minister plans to form a new government to help his austerity package, but it's doing nothing for the euro. [CNBC]

Well outside the euro zone, the South Korean won fell on - yes- concerns about Greece. [WSJ]

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