The dollar tumbled to a four-month low on Tuesday as growing fears of a global slowdown pushed investors to safe-haven currencies.» Read More
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The dollar touched a fresh 3 1/2-year high against the yen and a three-month high against the euro on Friday, buoyed by a stronger-than-expected U.S. jobs report.
The British pound and the Japanese yen have fallen far and fast - but this expert says to expect more weakness if those countries want to really boost exports.
Hopes for strong jobs data lift the dollar, worries about the economy dent the British pound, and rising Chinese exports boost the Aussie - it's time for your FX Fix.
The South African rand's volatility is a concern but the weakness of the currency is overdone, Gill Marcus told CNBC.
The dollar surged to a three-and-a-half year high against the yen on Friday and Dennis Gartman, editor of "The Gartman Letter" told CNBC that it will only soar higher, reaching 125 against the yen in the next two years.
The euro climbed to a session peak against the dollar on Thursday as the ECB gave no hints about monetary policy easing in the months ahead after leaving its benchmark interest rate unchanged.
The Bank of England stands pat and a solid Spanish bond sale lifts the euro ahead of the European Central Bank rate news - it's time for your FX Fix.
The Bank of England kept its benchmark interest rate unchanged at 0.5 percent and kept the size of its asset purchase program at 375 billion pounds on Thursday.
The euro fell against the dollar on Wednesday, a day before an ECB policy-setting meeting, on concerns the bank may flag future interest rate cuts.
Rising stocks boost risk appetite, but the prospect of stimulus from the Bank of England dents the pound - it's time for your FX Fix.
The Dow Jones average hit a record high on Tuesday. Such risk-on appetite has traditionally had a negative correlation for safe-haven currencies such as the dollar. But Ian Stannard, FX strategist at Morgan Stanley believes things will be different for the greenback this time, with global currency market dynamics changing quite rapidly.
The decline of sterling has been much faster and more aggressive than expected and it is set to continue, David Bloom at HSBC told CNBC Wednesday.
The euro rose for a second straight day against the dollar as risk sentiment improved after a major U.S. stock index surged to all-time highs.