The dollar hit a one-month high against a basket of major currencies after stronger-than-expected underlying U.S. inflation bolstered the Fed's case for a rate hike.
Ray Attrill, co-head of FX strategy at National Australia Bank, expects the euro to fall to $1.02-1.03 against the U.S. dollar in the second half of 2015.
The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report uptick.
The U.S. dollar weakened against the euro on Thursday for the first time this week.
The dollar stepped back but held close to a two-week peak as investors focused on the pace of the U.S. Federal Reserve's coming interest rate hikes.
The dollar stepped backbut held close to a two-week peak as investors focused on the pace of the U.S. Federal Reserve's coming interest rate hikes.
Kathy Lien, managing director at BK Asset Management, says the tone from the Bank of England's minutes isn't aligned with recent mixed data. She also explains why there's a buying opportunity in the pound against the Japanese yen.
The dollar made broad-based gains, recovering some ground after several weeks of selling that brought the greenback to more attractive levels.
The dollar clawed its way higher, recovering from almost four-month lows reached late last week on another surprisingly bad round of U.S. data.
The recently interrupted bull-run in the dollar has weighed heavily on company dividends, with global pay-outs slumping.
The dollar fell to a 3-month low against the euro as disappointing data on factory activity and consumer sentiment spurred doubts about recovery.
The U.S. dollar traded lower against a currency basket after downward producer price data challenged hopes for better U.S. economic growth.
Venezuela’s black market exchange rate weakened below a key level on Thursday, as the bolivar’s decline steepened in the face of hyperinflation and a rapidly shrinking economy.
The U.S. dollar hit a more than three-month low against a basket of major currencies on Wednesday after weaker-than-expected U.S. retail sales data.
Fund managers invested in U.S. markets are still expecting the dollar to return to strength, with euro dollar parity still very much on the cards.
Post-U.K. election, the sterling has been very strong, but will this continue? Geoffrey Yu, FX strategist at UBS, gives his thoughts.
The dollar rose against the euro on renewed worries over a Greek exit from the eurozone, while the New Zealand dollar plunged against the greenback.
Phyllis Papadavid, senior global FX strategist at BNP Paribas, explains why she thinks sterling will continue to do well in the wake of the U.K. general election.
The dollar gained against the euro as a mixed U.S. jobs report stoked uncertainty over the health of the U.S. economy.
CNBC's Wilfred Frost reports on election results in the United Kingdom and what it could mean for the country's government and economy.