Euro lifts, dollar slips, swiss franc causes pain

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Euro deal guidelines reassure, but in Switzerland, currency strength is hurting - it's time for your FX Fix. The euro climbed after investors were reassured by guidelines on a euro zone


rescue fund. [CNBC] With the Europe news boosting confidence, investors are buying  Australian and New Zealand dollars, and the buck is slipping. [WSJ] Swiss businesses are hurt by the


strong franc, and there are new calls for central bank intervention. [WSJ] Bankers are trying to make more yuan-denominated loans, which would boost the international role of the Chinese


currency. [WSJ] The euro crisis is exacerbating tensions and imbalances in the European Union. [NYT] British retail sales rose in September, but the pound remained steady. [WSJ]


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