The dollar hit an eight-month high against a basket of currencies on Friday.» Read More
The dollar slid against the euro on Thursday, after two days of gains as Federal Reserve officials downplayed expectations the U.S. central bank would start scaling back its stimulus program and said the Fed could buy bonds again if the economy weakens.
The euro declined to a three-week low against the U.S. dollar and fell against Japan's yen on Wednesday after ECB President Mario Draghi highlighted risks to euro zone growth and said monetary policy will stay accommodative.
Outgoing Bank of England Governor Mervyn King said that markets have "jumped the gun" about when central banks are likely to start raising interest rates.
The euro hit session highs on Monday, rallying from nearly three week lows, in tandem with U.S. stocks paring their losses and commodities gaining sharply.
An influx of rich Europeans to London is causing the cost of living for the ultra-wealthy to surge, a private wealth management firm reported on Monday.
The U.S. dollar was headed for its biggest weekly gain in almost a year against major currencies on Friday.
The dollar trimmed its gains versus the euro and yen after data showed the number of Americans filing new claims for unemployment benefits rose more than expected last week.
The U.S. dollar reversed early losses and rose against the euro and yen on Wednesday after the Federal Reserve said it sees diminished downside risks to the economy.
The U.S. dollar rose for a second day against the yen on Tuesday as some traders bet the Federal Reserve may signal it is almost ready to reduce its bond buying program.
John Horner, FX Strategist at Deutsche Bank says "Abenomics" will continue to help the yen weaken.
The yen fell against the dollar and the euro as global stocks rebounded, but the Japanese currency may stay near two-month highs until investors get more clarity on the Federal Reserve's ultra-loose policy.
The yen rose against the U.S. dollar on Friday for a fourth straight day as investors unwound bets against the Japanese currency due to uncertainty surrounding central banks.
Lee Hardman, currency analyst at Bank of Tokyo-Mitsubishi UFJ, discusses the USD ahead of the FOMC meeting and says the USD/JPY correction is now "close to complete".
The yen rose against the dollar to levels not seen since the Bank of Japan unleashed its aggressive stimulus in early April.
The dollar recovered lost ground against the yen on Wednesday after a sharp sell-off the previous day as investors sought to buy at cheaper levels.
The yen soared on Tuesday after the Bank of Japan decided not to announce additional measures to curb recent volatility in the bond market.
The dollar rose sharply versus the yen on Monday, bolstered by stronger-than-forecast Japanese data and a Standard & Poor's upgrade to the credit outlook for the United States.
Max Knudsen, chief market strategist at ADS Securities, explains with charts why he is positive on both the USD/JPY and GBP/USD for now.
The dollar recovered on Friday from steep losses in the previous session after a government report showed a reasonably healthy pace of U.S. job creation in May.
The dollar fell sharply against the yen and euro on Thursday, hitting levels not seen in months, as investors fretted that upcoming U.S. jobs data would disappoint.