Money in Motion

Aussie Lifts, Hedge Funds Eye the Pound


Japanese ministers played down talk of foreign bond buying by the Bank of Japan, and the yen rose against the dollar. [CNBC]

German expectations for economic growth are near a three-year high, a new survey showed, and the euro ticked higher. []

Major hedge funds are watching the incoming Bank of England governor for policies that would make the British pound the next big currency short. [FT]

A decline in oil prices sent the Canadian dollar lower in European trading. [RTT]

Australia's central bank indicated that further interest rate cuts can wait in minutes from its latest meeting, and the Australian dollar rose. [WSJ]

China's central bank set its midpoint almost flat, signaling its intent to keep the in check as other Asian countries ease, and the yuan slipped. [CNBC]

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