Risk Appetite Rises, Pound Takes a Hit
With the new U.S. stock market record boosting risk sentiment, commodity currencies rose. [CNBC]
The euro's gains on stock market optimism were curbed by concerns about whether the European Central Bank will cut rates. [FT]
New data confirmed the deep slide in the euro zone economy in the fourth quarter of 2012. [CNBC]
The dollar was almost unchanged against the yen in Asian trading ahead of the week-end jobs report. [WSJ]
Expectations that the Bank of England may restart its bond-buying program sent the British pound lower. [CNBC]
The yuan strengthened on robust client demand fueled by economic reports suggesting more strength ahead. [CNBC]
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