A Yen for Yen, a Downdraft Down Under
Europe is still scary, and safe havens are back in style - it's time for your FX Fix.
The euro neared an eight-month low against the dollar even though Greece passed new spending cuts. [CNBC]
Better than expected PMI data in Germany, Britain and France helped steady the euro after its decline. [WSJ]
But even the dollar isn't as appealing as the Japanese yen when risk appetite is off. [fxstreet.com]
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