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Dollar Lifts, Euro Slips, Euro Zone Banks Get a Boss

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Published: Friday, 19 Oct 2012 | 7:55 AM ET
Kelley Holland By:

News Writer

Hopes lift the dollar, stalling in Spain hits the euro - it's time for your FX Fix.

Positive signs from the U.S. economy and the prospect of Bank of Japan easing sent the dollar higher against the yen. [WSJ]

The yuan's recent strength could reflect the Chinese economy - or the U.S. election. [CNBC]

European leaders agreed that a single bank supervisor will oversee euro zone banks, starting in 2013. [CNBC]

A lack of progress toward a Spain bailout sent the euro lower. [CNBC]

U.K. public sector net borrowing fell more than expected, driving the budget deficit lower, but the British pound showed little reaction. [dailyfx.com]

Canada's finance minister said a downgrade in the official economic and fiscal forecast ould be in the offing, and the Canadian dollar dipped. [actionforex.com]

Canada's new $20 banknote cost almost 2,000 $20 bills to create and promote. [montrealgazette.com]

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Hopes lift the dollar, stalling in Spain hits the euro — it's time for your FX Fix.

   
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