Pound Gets Pounded, Greece Gets a Vote
A confidence vote looms in Greece, and a Bank of England official goes all dovish - it's time for your FX Fix.
This should be fun: today is the parliamentary confidence vote in Greece. [Reuters]
Investors expect a win for Papandreou's new team, which is helping the euro and hurting the dollar. [dailyfx.com]
Australia's central bank sees no rush to raise rates, but the Aussie dollar has recovered from the hit. [WSJ]
China's central bank boosted its foreign reserves - just not with dollars. [FT]
New economic reports suggest Japan's economy is recovering and the yen is up. [benzinga.com]
Dovish comments from a Bank of England official are pressing on the British pound. [Reuters]
CURRENCY FUTURES:
Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm.
"Money in Motion Currency Trading" repeats on Saturdays at 7pm.
By:












