Yen Lifts, Pound Lightens, Aussie Slips
The yen extended its gains a day after the Bank of Japan announced plans to inject less stimulus than investors had expected. [CNBC]
Could the euro, which has strengthened sharply since last July, be next to join the 'currency war'?
British Prime Minister David Cameron announced a referendum on European Union membership, and the British pound lifted. [dailyfx.com]
A surprise drop in jobless claims also lifted the British pound. [dailyfx.com]
Inflation in Australia remained at the low end of the central bank's target range, leaving the door open to a February interest rate cut, and the Australian dollar fell. [WSJ]
The New Zealand dollar also fell after Australia reported subdued inflation. [WSJ]
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