European leaders huddle and the euro lifts - it's time for your FX Fix.
Business surveys suggest the economic contraction in the euro zone could be worse than expected. [CNBC]
French President Nicolas Sarkozy and German Chancellor Angela Merkel are meeting on the debt crisis, giving the euro a lift. [marketwatch.com]
Hopes for an end to the debt crisis lifted risk appetite and weighed on the dollar . [moneycontrol.com]
Italian Prime Minister Mario Monti will present to Parliament plans for tax hikes and spending cuts , trying to end Italy's budget crisis. [CNN]
The Brazilian real got a lift from tax cuts announced last week and hopes for a resolution to the European debt crisis. [WSJ]
Forex traders are bracing for a volatile year-end after indications that numerous big investors already closed their forex books for 2011 , reducing market volume. [FT]
Tune In: CNBC's " Money in Motion Currency Trading " airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.
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