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Dollar Lifts, British Pound Slips

Wednesday, 18 Jul 2012 | 7:59 AM ET

Bernanke lifts the buck and the pound gets hit — it's time for your FX Fix.

Waning hopes for quantitative easing after Fed Chairman Ben Bernanke's testimonysent the dollar index higher. [FT]

Persistent capital flows from overseas are giving the Australian dollar a lift. [WSJ]

Minutes from the Bank of England'sJuly meeting suggest an interest rate cut is possible, and the pound fell. [RTT]

Theyen gained ground after minutes from the latest Bank of Japan meeting showed officials feel the Japanese economy is showing signs of recovery. [RTT]

Deutsche Bank launched a newFX trading system. [WSJ]

There's a new dollar index in town. [WSJ]

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