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Risk Aversion Returns, Euro Slumps

Monday, 23 Jul 2012 | 7:33 AM ET

Risk currencies take a hit and Spain's troubles dent the euro - it's time for your FX Fix.

Worries that Spain will need a bailout pushed the euro to its lowest level in over two years. [CNBC]

The Australian and New Zealand dollars ran into profit taking and investor jitters about Spain. [CNBC]

With risk-sensitive currencies taking a hit along with crude oil prices, the Canadian dollar fell against the buck. [fxstreet.com]

Weakness in the euro pulled the yuan down to a nine-month low against the dollar. [CNBC]

Worries over the euro zone and the economic slowdown in China are putting pressure on Asian currencies like the South Korean won. [corporate-fx.co.uk]

Japan's finance minister issued a warning - again - about the strong yen. [WSJ]

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