British pound – The pound’s a shade lower against both the euro at 87.40 pence and buys $1.6475 against the dollar on a day void of domestic data and a reprieve for global stocks. Set against recent gains for the Swiss franc in an increasingly risk averse environment, the pound has been buoyant against both the dollar and euro.
Aussie dollar – The Aussie rebounded from earlier weakness as global stock markets advanced with hopes running high for a fresh look at quantitative easing at Friday’s Jackson Hole symposium. The unit recently traded at $1.0469 against the dollar and ¥80.14 against the Japanese unit.
Canadian dollar – The response to early conviction over what Fed Chief Bernanke will do and say was to rally support for the Canadian unit on Monday. The unit rose to $1.0168 before equity indices pared an early sizable gain. The Canadian recently eased to $1.0137 U.S. cents.
Senior Market Analyst
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