Dollar Stays Aloft, Aussie Falls


Optimism about the economy and hopes for an early end to loose Fed policy kept the dollar near a 3 1/2-year high against the yen. [CNBC]

The nominee for governor of the Bank of Japan repeated his vow to boost monetary easing, and the yen fell in Asian trading. []

Disappointing Chinese economic data released over the weekend weighed on the Australian dollar in Asian trading. [WSJ]

Downbeat economic data and the prospect of a new U.K. budget kept the pound stuck near a 2 1/2-year low against the dollar. []

A large majority of Italians are opposed to a referendum on the euro zone and want to keep the euro, a poll showed. [CNBC]

But one in four Germans would vote for an anti-euro party in September's federal elections, a different poll showed.

Traders fretted over moves by Hungary's new central bank governor and a vote on a disputed constitutional amendment, and the forint fell. [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