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- Asian session review: Asian currencies rise ahead of Bernanke's speech
Asian session review: Asian currencies rise ahead of Bernanke's speech
Data released:
02:30 China HSBC Manufacturing PMI 49.8 49.3
03:00 New Zealand RBNZ Inflation Expectations (YoY) (Q3) 2.9% 3.0%
Asian currencies advanced on speculation policy makers will continue to raise borrowing costs to fight inflation and the Federal Reserve will unveil stimulus measures to revive the U.S. economy.
Central bankers from around the world will meet at Jackson Hole, Wyoming this week, where Fed Chairman Ben S. Bernanke foreshadowed the second round of quantitative easing last year. 
GBP/USD follows the euro higher - up from the lows around $1.6450 to highs on $1.6570.
USD/JPY weakened from Y76.94 to Y76.55/60.
In Europe attention will be on ZEW index at 09:00 GMT.
The UK CBI Industrial Trends Survey will announce its orders data for August at 10:00 GMT.
US data include New Home Sales at 14:00 GMT.
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