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Safe Havens Are in Style, Euro Is Slipping

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Published: Thursday, 11 Aug 2011 | 8:02 AM ET
Kelley Holland By:

News Writer

Japan is monitoring the yen, and the Swiss are fed up with the franc - it's time for your FX Fix.

For the third time this week, China guided the yuan sharply higher. [WSJ]

The Swiss National Bank is keeping all options open - including a peg to the euro - to stem the franc's rise. [economictimes.com]

As French bank stocks fall, the euro is slipping. [Reuters]

Japan warned - again - that it's monitoring the yen's strength. [Reuters]

Amid the market turmoil, some foreign banks are turning to FX swaps and forwards to obtain dollar funding. [Reuters]

Attn Kelley - OPTION -- Here is a list of multi-currencies v the dollar

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Japan is monitoring the yen, and the Swiss are fed up with the franc - it's time for your FX Fix.

   
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