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Dollar Slips, Euro Lifts, Swiss National Bank Scales Back

Wednesday, 31 Oct 2012 | 8:16 AM ET

Earnings lift risk appetite, Spain says it needs a little help from its friends - it's time for your FX Fix.

Better than expected corporate earnings in Europe and Asia ifted risk appetite and sent the dollar lower. [FT]

The yen drifted off its one-week high against the dollar on a general improvement in risk appetite. [CNBC]

Spain's prime minister said the country needs European Union help to meet its budget goals, and the euro rose. [dailyfx.com]

Unemployment in the euro zone hit a record high in September. [WSJ]

The Swiss National Bank has sharply curtailed its purchases of euros to keep the Swiss franc in check. [WSJ]

Norway's central bank said it does not plan to sell krone and buy foreign currency for the country's sovereign wealth fund. and the krone rose. [WSJ]

China's central bank guided the yuan to another record high close. [WSJ]

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