Aussie Lifts, Hedge Funds Eye the Pound
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]
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