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Euro Recedes, Swiss Franc Lifts, Bulls Retreat

A sentiment survey dents the euro, but confidence is up in Brazil - it's time for your FX Fix.

A leading survey of German business sentiment disappointed, and the euro fell. [CNBC]

With worries resurfacing about Greece and Spain, the safe-haven Swiss franc moved higher. [businessrecorder.com]

Japanese investors repatriating funds sent the Australian and New Zealand dollars lower. [CNBC]

Consumer confidence improved in Brazil after four months of decline, and the Brazilian real rose slightly. [RTTNews]

Thailand's central bank governor warned against cutting interest rates to spur growth. [CNBC]

Talk about hyperlocal: a little town in Bavaria has gotten its own local currency, the Chiemgauer. [CNBC]

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