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 yuan in check as other Asian countries ease, and the yuan slipped. [CNBC]

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