Currencies Round up

FX round-up: Dollar weakens as stocks rise

The dollar was mostly lower on Wednesday as US equities gathered momentum while question marks about the strength of an economic recovery persist.

The buck traded close to a one-week low against the euro on Wednesday as rising stocks increased risk appetite.

With little economic data to influence currency traders, attention remained firmly on global stock markets.

The greenback was down 0.7% against the euro at $1.4236 but the dollar gained 0.1% against the pound to $1.6539.

Sterling came under pressure after minutes of the Bank of England Monetary Policy Committee's August meeting showed that three of its nine members had voted for a Ł75bn increase in the bank’s quantitative-easing programme.

GBP	AUD	CAD	JPY	EUR	CHF	USD
GBP	1.0000	1.9918	1.8142	156.2567	1.1626	1.7637	1.6541
AUD	0.5021	1.0000	0.9108	78.4496	0.5837	0.8855	0.8305
CAD	0.5512	1.0979	1.0000	86.1317	0.6408	0.9722	0.9118
JPY	0.0064	0.0127	0.0116	1.0000	0.0074	0.0113	0.0106
EUR	0.8601	1.7132	1.5604	134.4030	1.0000	1.5170	1.4228
CHF	0.5670	1.1293	1.0286	88.5956	0.6592	1.0000	0.9379
USD	0.6046	1.2041	1.0968	94.4650	0.7028	1.0662	1.00