The dollar extended gains against the yen and euro after Fed President Dennis Lockhart expressed support for an interest rate hike in September.» Read More
Max Knudsen, chief market strategist at ADS Securities, analyses the performance of the GDP/USD, and says the momentum is bullish.
IG Group is set to extend its service allowing customers to bet on the wildly fluctuating price of Bitcoin, the virtual currency that has captivated the interest of speculators and divided spread betting operators. The FT reports.
Greg Gibbs, Senior Currency Strategist at RBS, & Paul Gambles Managing Partner of MBMG International, discuss various scenarios impacting the U.S. dollar. They also shed light on the state of Scottish pound and what it means for the Sterling.
The dollar fell against the yen on Friday, retreating from a four-year high after the Bank of Japan left policy unchanged and after data showed U.S. economic growth expanded.
The dollar rose against the euro on Thursday as data indicating resilience in the U.S. labor market allayed concerns about the pace of the economic recovery.
Elsa Lignos, G10 currency strategist at RBC Capital Markets, remains positive on the U.K. pound and expects it to strengthen.
Greg Matwejev, Director of FX, Hedge Fund Sales and Trading for Newedge Asia Pacific says an ECB rate cut at the next meeting next week (May 2) is a done deal.
The euro rose against the dollar on Wednesday, reversing a drop to a near three-week low earlier in the global session.
Ed Ponsi, Managing Director at Barchetta Capital Management compares the resilience of the U.K pound to the underdog boxer Rocky.
The euro hit a two-week low against the dollar after weak German data fanned concerns about the euro zone economy and speculation the European Central Bank could cut interest rates.
So, will dollar-yen continue its descent to hit 100 this week or does the yen, which has fallen more than 20 percent since mid-November, need a fresh catalyst to trigger a further downward move? Vote and let us know what you think.
The yen hovered near the key level of 100 to the dollar on Monday after major industrialized nations gave their stamp of approval to a massive Japanese easing program.
Max Knudsen, chief market strategist at ADS Securities, explains why his weekly forecast for the sterling is "cautiously bearish".
With the yen just a whisker away from the key $100 level on Monday, one analyst said that ultra-loose monetary policy has won over the G-20.
Antje Praefcke, Senior FX Strategist at Commerzbank says that there are a lot of barriers to the Japanese Yen breaking the 100 level but eventually it will happen.
The U.S. dollar and euro rallied 1.5 percent versus the yen on Friday after Japan said the Group of 20 countries did not oppose its aggressive monetary easing.
The euro edged higher against the dollar as more signals of a weakening U.S. economic recovery lifted it from its biggest daily drop in 10 months in the previous session.
The euro suffered its biggest daily decline against the dollar in nearly a year on Wednesday, weakened by talk of a euro zone interest rate cut.
The yen tumbled against the dollar and euro Tuesday, reversing the previous session's sharp gains as investor anxiety triggered by a record plunge in gold prices eased.
The yen rose from recent multi-year lows against the dollar and euro on Monday amid renewed worries about the global economy.