Euro Slips, Safe Havens Lift, European Central Bank Meeting Looms


Economic reports disappoint and debt crisis skeptics get louder - it's time for your FX Fix.

With skepticism growing about the likely impact of any European Central Bank action on the debt crisis, the euro slipped in Asian trading. [CNBC]

Disappointing economic reports from Australia and China sent investors running for the safe-haven dollar and yen. []

Despite respectable second quarter economic growth, slumping iron ore prices weighed on the Australian dollar.

The U.K. services PMI was stronger than expected, but the British pound showed little reaction. [RTT]

Companies' seasonal demand for dollars sent the yuan lower. [WSJ]



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