Dollar Stays Aloft, Aussie Falls
Optimism about the economy and hopes for an early end to loose Fed policy kept the dollar near a 3 1/2-year high against the yen. [CNBC]
The nominee for governor of the Bank of Japan repeated his vow to boost monetary easing, and the yen fell in Asian trading. [globalpost.com]
Disappointing Chinese economic data released over the weekend weighed on the Australian dollar in Asian trading. [WSJ]
Downbeat economic data and the prospect of a new U.K. budget kept the pound stuck near a 2 1/2-year low against the dollar. [globalpost.com]
A large majority of Italians are opposed to a referendum on the euro zone and want to keep the euro, a poll showed. [CNBC]
But one in four Germans would vote for an anti-euro party in September's federal elections, a different poll showed.
Traders fretted over moves by Hungary's new central bank governor and a vote on a disputed constitutional amendment, and the forint fell. [WSJ]
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