GO
Loading...

Aussie Lifts, Hedge Funds Eye the Pound

CNBC

Japanese ministers played down talk of foreign bond buying by the Bank of Japan, and the yen rose against the dollar. [CNBC]

German expectations for economic growth are near a three-year high, a new survey showed, and the euro ticked higher. [dailyfx.com]

Major hedge funds are watching the incoming Bank of England governor for policies that would make the British pound the next big currency short. [FT]

A decline in oil prices sent the Canadian dollar lower in European trading. [RTT]

Australia's central bank indicated that further interest rate cuts can wait in minutes from its latest meeting, and the Australian dollar rose. [WSJ]

China's central bank set its midpoint almost flat, signaling its intent to keep the yuan in check as other Asian countries ease, and the yuan slipped. [CNBC]

Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.

Learn more: The essential vocabulary for currency trading is on Key Terms Dictionary. Top currency strategies are broken down for you in Currency Class.

Talk back: Tell us what you want to hear about - email us at moneyinmotion@cnbc.com.

Featured