MW: High-yield currencies in demand as stock futures rise
By Steve Goldstein
LONDON (MarketWatch) -- High-yielding currencies like the Canadian dollar, the British pound and the Australian dollar advanced Friday, as currency markets took the cue from the gains in worldwide stocks after a report that Citigroup may sell itself. Of the major crosses, the dollar rose 1% to 95.07 yen while the euro rose 1.1% to $1.2590. The Canadian dollar, the British pound and the Australian dollar rose between 1.5% and 2.4% against the greenback.
