Risk aversion lifts the dollar and Brazil and China do a deal - it's time for your FX Fix.
Investors seeking safe havens sent the dollar to its highest level in more than a week. [CNBC]
The British pound steadied against the dollar after falling on news of big bank downgrades by Moody's. [Reuters]
Fears about global growth and tumbling commodity prices have commodity currencies under pressure. [WSJ]
Germany's index of business confidencefell to its lowest level in two years, adding to pressure on the European Central Bank to cut interest rates. [WSJ]
Brazil and China entered into local currency swap worth as much as $30 billion. [FT]
Spain is expected to apply officially for bank aid on Monday. [fxstreet.com]
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