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The Bank of England Holds Steady, The European Central Bank Does Some Buying

Thursday, 10 Feb 2011 | 12:52 PM ET

The Bank of England held interest rates steadytoday. Investors shrugged. [CNBC]

Portuguese 10-year bond yields moved well over 7%, and the European Central Bank has stepped in to buy. [CNBC]

More claims of abuses in the currency trading world. Was BlackRock a victim? [WSJ]

The dollar will outperform the euroin the first half of the year, according to John Noonan, senior FX analyst at Thomson Reuters. [CNBC]

Bank of Israel governor Stanley Fischer called for the IMF to develop rules on intervention in FX markets. [Risk.net]

Brazil announced spending cuts – but not much in the way of details. [WSJ]

The Norwegian krone is wobbling along with oil prices. [Currencynews.co.uk]

Tune In: Beginning March 11th, CNBC's "Money in Motion Currency Trading" will air on Fridays at 5:30pm.

"Money in Motion Currency Trading" will repeat on Saturdays at 7pm.

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