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Safe Haven Currencies Lift, Aussie Slips

Friday, 4 May 2012 | 8:12 AM ET

Jobs data and elections curb risk appetite and Australia is downbeat - it's time for your FX Fix.

Looming elections in France and Greece, along with weak service-sector data, dented the euro. [CNBC]

The dollar rose ahead of the release of the latest employment report. [FT]

The yen rose on risk aversion ahead of the nonfarm payroll report. [RTT]

China said the U.S. agreed to include the yuan in the International Monetary Fund's basket of currencies. [CNBC]

Days after a large interest rate cut, Australia's central bank lowered its growth and inflation forecasts and the Australian dollar slipped. [WSJ]

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