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
Stuart Oakley, Managing Director, Asian Currency Trading at Nomura says global central banks are punishing the consumers for being stingy. He also states his reasons for recommending investors to be short U.S. Dollar & long Chinese yuan.
The euro rose against the dollar after an unexpected rise in German industrial output was seen making a near-term euro zone interest rate cut less likely.
Sani Hamid, Director, Wealth Management, Economy & Market Strategy at Financial Alliance makes the case for investing in the Chinese market for the long-term.
The euro firmed across the board on Tuesday after data showing German industrial orders beat forecasts, but the prospect of further monetary easing could limit its gains.
The U.S. dollar rose for a third straight session against the yen on Monday and looked set to make another run at the 100 yen level on renewed optimism about the U.S. economy.
The dollar surged more than 1 percent against the yen on Friday after strong U.S. April jobs data fueled optimism the U.S. economy may be more resilient than some had feared.
The euro fell sharply against the dollar in choppy trading on Thursday after European Central Bank President Mario Draghi said the bank is ready for negative deposit rates.
As Hong Kong dock workers enter their fifth week of protests, Willy Lin, Chairman of the Hong Kong Shippers' Council evaluates the potential damage and impact arising from the strike.
The U.S. dollar pared its losses against the yen on Wednesday after the U.S. Federal Reserve said it will stick to its plan to buy $85 billion in bonds each month.
The dollar fell against the euro and yen Tuesday after a U.S. Midwest business barometer unexpectedly contracted in April, adding to worries about the economic recovery.
The euro rose against the dollar and yen on Monday after Italy finally formed a government, ending two months of political uncertainty.
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.
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.
CNBC's Ross Westgate caught up with founder of Chinese congolomerate Fosun, Guo Guangchang, at the China Entrepreneur Club's Annual Summit in Kunming over the weekend and asked him how he felt China's economy was holding up.
The euro rose against the dollar on Wednesday, reversing a drop to a near three-week low earlier in the global session.
Brian Jackson, Global FX Strategist at Coutts says to expect the Japanese yen to weaken further, but in a more gradual manner. He is bearish on the Euro and believes the Chinese Yuan will strengthen.
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.