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 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 after the G7 meeting of industrialized in London on February 4-5.”

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