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Pound Gets Pounded, Greece Gets a Vote

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Published: Tuesday, 21 Jun 2011 | 7:36 AM ET
Kelley Holland By:

News Writer

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]

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A confidence vote looms in Greece, and a Bank of England official goes all dovish - it's time for your FX Fix.

   
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