The dollar reached an 8 1/2-month high on Monday, as the prospect of further stimulus from the European Central Bank drove the euro lower.» Read More
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.
CNBC's Rick Santelli and Mark Grant of Southwest Securities talk about how the ECB's rate policy is impacting the euro, and what's behind the rally in the pound.
The Bank of England voted to keep benchmark interest rates unchanged at 0.5 percent, at Mervyn King's final policy meeting as Governor.
Geoffrey Yu, FX strategist at UBS, says the British pound is being "supported" and that it's likely to continue to underperform against the dollar but that EUR/GBP may have some more downside.
The dollar weakened against most currencies on Wednesday after a report showed hiring in the U.S. private sector fell short of expectations last month.
Steven Saywell, European head of FX strategy at BNP Paribas, discusses sterling following better-than-expected services PMI and whether central bank stimulus has peaked in the U.K.
The dollar recovered against the yen on Tuesday as investors sought to take advantage of the previous day's cheapening to buy back the U.S. currency.
Richard Perry, chief market strategist at Central Markets, discusses the U.S. dollar ahead of Friday's jobs report, and says he expects pressure on the EUR/USD trade to continue in the long-term.
The dollar plunged against a broad swath of currencies on Monday as weak U.S. manufacturing data curbed expectations that the Fed will rein in its bond purchases soon.
The dollar rose Friday and was headed for its eighth straight month of gains against the yen on robust U.S. economic data.
David Kern, chief economist at the British Chambers of Commerce, tells CNBC why the worst thing, incoming Bank of England governor, Mark Carney can do is more quantitative easing.
Jesper Bargmann, Head of G11 SPOT FX, Asia Pacific at RBS Global Banking & Markets says the AUD will continue to trade as a proxy for growth in China.
The U.K. could post better-than-expected GDP numbers over the next three years, thanks to a strong service sector, the British Chambers of Commerce said Friday.
The U.S. dollar fell to a three-week low against the euro after weaker-than-expected U.S. economic data boosted expectations the Fed will keep its monetary stimulus in place.
Michael Plavnik, a foreign exchange specialist at Citi, says that the dollar has fallen against the euro and the pound but is correcting itself against higher yielding currencies.
Ian Stannard, head of European FX strategy at Morgan Stanley, expects the corrections to impact currencies with short-term corrective pressure on the dollar and a rebound in the euro and sterling.
Mike Amey, portfolio manager at Pimco, predicts a grim outlook for the UK economy, with limited prospects for growth and sterling likely to fall further.
The dollar retreated on Wednesday as U.S. Treasury yields eased from more than one-year highs, although most investors are convinced the greenback's upward trend is intact.
Mark Carney may move to depreciate the pound, according to Pimco, a gambit which would see the U.K. join the global battle of countries competing to soften their currencies.