The dollar was still seen on firm footing after U.S. GDP data supported the case for the Federal Reserve to raise interest rates later this year.» Read More
European shares finished mixed Thursday, while the Swiss SMI index soared over 2 percent, catching up on gains following the U.S. "fiscal cliff" deal.
After a heavy bout of stock market pessimism and a long term rally in the bond markets, analysts say that the new year could spell danger for sovereign bonds in Europe's core and a shift back to equities could be on the cards.
Worries about new Congressional battles tamp down risk appetite and Egypt has another sale - it's time for your FX Fix.
The dollar suffered against higher-yielding currencies after U.S. lawmakers approved a last-minute deal to avert huge tax rises and spending cuts, spurring demand for riskier investments.
European shares closed sharply higher on Wednesday and the U.K.'s FTSE 100 topped 6,000 points, after the U.S. finally approved a bill to avert the "fiscal cliff".
European stocks were flat in early afternoon trading on Monday as fears over a lack of resolution to the U.S.' "fiscal cliff" weighed on sentiment.
Web-only advice and information for currency traders, with CNBC's Melissa Lee and the Money In Motion traders.
The U.S. dollar edged up to a two-week high against major currencies Friday as investors waited to see if U.S. politicians can strike a last-minute budget deal.
European shares ended in negative territory Friday as investors remained cautious over the looming "fiscal cliff" and following some weak economic reports.
As central banks in both the U.S. and Japan look set to continue aggressive monetary easing policies in 2013, Dan Harden, senior commercial dealer at Global Reach Partners has told CNBC traders should short both countries' currencies and look for high yields from the Australian and New Zealand dollar.
The yen fell to its lowest against the dollar in more than two years on Thursday, on expectations Tokyo will push for aggressive monetary stimulus.
European stocks closed slightly lower in a shortened day of trading on Monday. The FTSE 100 index was the main exception closing higher by 0.24 percent.
Robert Rennie, Global Head of FX Strategy, Westpac Bank predicts there will be at least one more rate cut by the RBA, sometime in February or March.
European shares closed lower on Friday as U.S. politicians continued to wrangle over averting the "fiscal cliff" — a series of tax increases and spending cuts that are set to kick in at the start of next year and could threaten the U.S. economy.
European shares stuttered on Thursday as indexes approached overbought levels and budget talks in the United States stalled.
South Africa's currency may have taken a battering in recent months, making it one of the worst performing major currencies this year, but analysts have told CNBC that the rand (ZAR) could be ready for a turnaround in 2013.
Hamish Pepper, FX Strategist, Asia Pacific at Barclays Capital shares his outlook for the yen.
European shares closed higher on Wednesday after business confidence data was released in Germany showing an increase.
European shares ended higher on Tuesday, as investors bet that U.S. Democrats and Republicans will reach a deal to avoid a "fiscal cliff" of year-end austerity measures.
European shares fell on Monday, hit by slumps in Dutch telecoms group KPN and temporary power company Aggreko as investors cashed in some equity holdings.