The dollar held its gains after Federal Reserve meeting minutes revealed some internal doubts about continued bond buying. [CNBC]

Talk that a large hedge fund was liquidating commodity positions also supported the dollar, but sent the tumbling. [CNBC]

A report on German private sector activity disappointed, as did one on the French services sector, sending the to a six-week low against the dollar. [CNBC]

Minutes from the recent Bank of England meeting showing more appetite for monetary easing continued weighing on the , which hit a 2 1/2 year low.[CNBC]

A better than expected U.K. budget surplus in January gave the pound some relief, but it remained weak. [dailyfx.com]

Egypt plans to invite an IMF mission to Cairo within a week, signaling willingness to negotiate over a loan amid an acute foreign currency shortage. [Reuters]

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 moneyinmotion@cnbc.com.