Dollar Lifts, British Pound Slips
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]
Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.
Learn more: The essential vocabulary for currency trading is on Key Currency Terms. Top strategies are broken down for you in Currency Class.
Talk back: Tell us what you want to hear about at firstname.lastname@example.org.