Loonie Dips, Euro Slips, Pound Sinks

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With all eyes on Europe, risk-on currencies head south - it's time for your FX Fix.

Rising bond yields on Italian and Spanish debt underscored Europe's problems and sent the euro lower. [CNBC]

European GDP grew by 0.2% in the third quarter, as expected, and recession talk is also weighing on the euro. [dailyfx.com]

Worries about the European crisis sent the Australian dollar lower. [WSJ]

With Europe's turmoil not letting up, the Canadian dollar hit a five-day low against the dollar. [RTT]

British inflation eased to 5%, sending the pound lower against the dollar. [economictimes.com]

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