Money in Motion

Easing Hints Dent the Pound, Dollar Lifts


Investors holding opted to take profits on their positions, stalling the currency's rally. [CNBC]

Risk-related currencies weakened and the dollar rose in a period of consolidation in the FX market. [CNBC]

The British pound continued its slide against the dollar amid hints of further easing from the Bank of England following last week's disappointing GDP report. []

Japan raised its fiscal 2013 GDP forecast, and the yen firmed after an earlier dip. [RTT]

With investors growing optimistic about the euro zone, safe-haven demand for the Swiss franc has tailed off the the currency looks more like a two-way trade again. []

With the expiration nearing of monthly FX futures contracts, the Brazilian real opened slightly stronger against the dollar. [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 Terms Dictionary. Top currency strategies are broken down for you in Currency Class.

Talk back: Tell us what you want to hear about - email us at