China's trade report disappoints and Sweden talks tough — it's time for your FX Fix.
Doubts that the European Central Bank will be able to stem the debt crisis sent the
Weaker than expected trade data from China raised fears of a slowdown and weighed on the Australian dollar. [CNBC]
Disappointing Chinese trade data tamped down risk appetite and sent the dollar and yen higher in Asian trading. [dailyfx.com]
A downbeat U.K. producer price inflation report, and renewed concerns about a global economic slowdown, weighed on the British pound. [forexpros.com]
The euro's weakness is pushing some other currencies to their highest points in years, and officials in Australia, Britain, and New Zealand are concerned. [WSJ]
Sweden's finance minister, pushing back on the krona's strength, says it is too early to call the Swedish currency a safe haven. [FT]
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