Katie Hunt: Currencies Steady; China in Focus

From The Reuters, via Washington Post: “Uncertainty ahead of a Group of Seven and key emerging nations meeting next week hemmed major currencies in recent ranges on Friday, with speculation over China’s yuan policy taking center stage.

The yen fluctuated sharply as comments from Chinese central bank officials stirred talk on whether or not China would revalue its pegged yuan currency after the G7 meeting of industrialized in London on February 4-5.”