The dollar firmed ahead of US GDP that could reinforce or expectations that the Fed is on track to raise interest rates as early as September.» Read More
The dollar advanced against the yen and the euro on Friday as investors resumed pricing in the possibility that the Federal Reserve will begin to pare back its bond-buying program as soon as its September policy meeting.
The dollar slid against the euro on Thursday, after two days of gains as Federal Reserve officials downplayed expectations the U.S. central bank would start scaling back its stimulus program and said the Fed could buy bonds again if the economy weakens.
The euro declined to a three-week low against the U.S. dollar and fell against Japan's yen on Wednesday after ECB President Mario Draghi highlighted risks to euro zone growth and said monetary policy will stay accommodative.
"We've been seeing tightening since the end of last year," said Leland Miller, China Beige Book International president, discussing the Chinese government's attempt to rein in credit and target shadow bankers.
The Hong Kong Stock Exchange and the LME have signed a deal with the Bank of China to explore the possibility of clearing of commodity products in renminbi. CNBC's Emily Chan sat down with the HK Stock Exchange's chief executive Charles Li for more details.
The euro hit session highs on Monday, rallying from nearly three week lows, in tandem with U.S. stocks paring their losses and commodities gaining sharply.
CNBC's Michelle Caruso-Cabrera takes a look at the unintended consequences of the credit crunch in China.
Gordon Chang, Forbes columnist, explains why he believes China is on a downward slope that will only become steeper.
The U.S. dollar was headed for its biggest weekly gain in almost a year against major currencies on Friday.
The dollar trimmed its gains versus the euro and yen after data showed the number of Americans filing new claims for unemployment benefits rose more than expected last week.
The U.S. dollar reversed early losses and rose against the euro and yen on Wednesday after the Federal Reserve said it sees diminished downside risks to the economy.
The U.S. dollar rose for a second day against the yen on Tuesday as some traders bet the Federal Reserve may signal it is almost ready to reduce its bond buying program.
The yen fell against the dollar and the euro as global stocks rebounded, but the Japanese currency may stay near two-month highs until investors get more clarity on the Federal Reserve's ultra-loose policy.
Patrick Bennett, FX Strategist at CIBC says the honeymoon period for Japanese PM Abe and BoJ Governor Kuroda is over. Although he doesn't expect the Yen to strengthen significantly, he says any more weakening is questionable.
The yen rose against the U.S. dollar on Friday for a fourth straight day as investors unwound bets against the Japanese currency due to uncertainty surrounding central banks.
The yen rose against the dollar to levels not seen since the Bank of Japan unleashed its aggressive stimulus in early April.
Nick Verdi , FX Strategy Asia Pacific ex-Japan at Barclays, says despite a less than positive move for the dollar-yen, blame the Fed, not the BOJ.
The dollar recovered lost ground against the yen on Wednesday after a sharp sell-off the previous day as investors sought to buy at cheaper levels.
The yen soared on Tuesday after the Bank of Japan decided not to announce additional measures to curb recent volatility in the bond market.
FM's Jon Najarian explains bearish options activity he noticed in the emerging markets ETF; and Eric Brock of Clough Capital Partners, explains why he is bullish on China's market.