The euro fell back towards seven-month lows against the dollar and shed ground against the yen as investors piled on bets against it.» Read More
After a rough week, 6 IPOs priced at sensible levels, and a big rally in three new offerings have greatly reduced the anxiety.
The euro fell to three-week low against the dollar on Friday, with investors wary given strong rhetoric from European Central Bank officials about its recent strength and awaiting German inflation data that could undermine it further.
Steven Englander, global head of G10 FX strategy at Citi, says the euro has been a "difficult" currency as the European Central Bank struggles to push it lower.
The Indian rupee has staged an impressive turnaround in the recent months, but analysts say it may struggle to sustain its move below the key 60 level.
Emerging markets storm higher while small- and mid-cap stocks fall behind. Russell 2000 and Nasdaq at six-week lows.
The dollar edged higher against the euro and the yen after upbeat U.S. economic data.
After disappointment with King Digital, the IPO market is watching new offerings very carefully.
Michael Sneyd, FX analyst at BNP Paribas, says investors are going long on the Australian dollar and the New Zealand dollar.
King Digital trades below offering price, causing concern in hot-hot-hot IPO market.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the ECB debate and UK insurers.
The euro fell on Wednesday, with investors wary after European Central Bank officials ramped up efforts to talk down the currency, with arguably its most hawkish member hinting at a radical softening of monetary policy.
Barney Singer, head of emerging market FX trading at Nomura, says despite a bearish outlook on China, the Aussie dollar is likely to move higher as the country's economy looks strong.
On the surface, the IPO market is terrific. So terrific many are questioning whether it's in a bubble.
Sterling firmed against a weaker euro on Tuesday after European monetary policy makers signaled possible monetary easing to avoid deflation.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including questions about whether the European Central Bank is inching towards quantitative easing.
Geoffrey Yu, FX strategist at UBS, says it is time to buy U.S. dollars, as the ECB attempts to talk the euro down, and an interest rate hike from the U.S. Federal Reserve nears.
When Box announced its IPO filing, it was immediately noted that the money it's looking to raise is about what it recorded as a loss.
Sebastian Galy, senior currency strategist at Societe Generale, says the appreciation of the euro is of "deep concern" for the European Central Bank, with fears of a Japan-style low inflation environment.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the hard hit to Spanish financials.
2014's stock market leaders and Big Momentum names fall amid fears of rising rates and market frothiness.