Yen Slips, Pound Slides, Aussie Dips
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Talk that an aggressive advocate of more monetary easing will be tapped to lead the Bank of Japan sent the yen to a 33-month low against the dollar. [CNBC]
Traders continued selling the British pound in the wake of Friday's credit-rating cut, and it dropped to a 2 1/2-year low against the dollar. [CNBC]
Weaker than expected Chinese manufacturing data weighed on the Australian dollar. [WSJ]
Despite a weaker fixing set by China's central bank, the yuan closed slightly higher on domestic optimism about the economy. [CNBC]
Expectations that Russian exporters will be converting funds into local currency sent the ruble higher. [CNBC]
U.K. officials are preparing to argue that an independent Scotland could keep the pound - but only if Scotland accepts budget constraints from London. [FT]
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