Money in Motion

Yen Lifts, Pound Lightens, Aussie Slips


The yen extended its gains a day after the Bank of Japan announced plans to inject less stimulus than investors had expected. [CNBC]

Could the , which has strengthened sharply since last July, be next to join the 'currency war'?

British Prime Minister David Cameron announced a referendum on European Union membership, and the British pound lifted. []

A surprise drop in jobless claims also lifted the British pound. []

Inflation in Australia remained at the low end of the central bank's target range, leaving the door open to a February interest rate cut, and the Australian dollar fell. [WSJ]

The New Zealand dollar also fell after Australia reported subdued inflation. [WSJ]

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