Safe Havens Soar, Central Banks Wade In
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The G20 promises help, but riskier currencies still take a hit - it's time for your FX Fix.
A senior European Central Bank official says a Greek default is no longer impossible. [CNBC]
The South Korean won moved slightly higher against the dollar amid talk the Bank of Korea intervened. [WSJ]
The G20 promised coordinated action to shore up the global economy, but gave few details. [FT]
The euro moved higher after the G20 assurances, but risk aversion remains strong. [FT]
The Australian and New Zealand dollars fell sharply in Asian trading thanks to shaken investors' risk aversion. [WSJ]
After the dollar and the yen soared during Thursday's selloff, Japan's finance minister warned of possible future market intervention. [CNBC]
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