Yen Slides Anew, Pound Gets Support
Renewed expectations of monetary easing by the Bank of Japan again sent the dollar higher against the yen. [CNBC]
German industrial production rose for the first time in four months, but the increase was less than expected and the euro showed little reaction. [dailyfx.com]
The U.K. trade deficit came in worse than expected, but it was still an improvement on the prior month and the British pound remained supported. [dailyfx.com]
Will this be the week the European Central Bank cuts interest rates? [CNBC]
A day after Qatar sent Egypt aid to get its currency crisis under control, Egypt's central bank reduced the amount of dollar it offered at auction. [CNBC]
A stronger local stock market helped lift the Singapore dollar after it reached a three-month low earlier in the week. [WSJ]
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