TOKYO, Sept 2- The dollar and commodity currencies like the Aussie were on the defensive on Wednesday as another stormy 24- hour session for financial markets forced investors to unwind well established trades, sending the euro and safe-haven yen higher. The dollar was up 0.5 percent at 119.89 yen, off a low of 119.25 but still sharply down from an overnight high...» Read More
The S&P 500 hit an historic closing high yesterday, despite complaints that the tape was "boring."
CNBC's Ross Westgate reports on all the market moving events from Europe, as EU leaders close in on reaching a banking union deal.
Adam Cole, head of G10 FX strategy at RBC Capital Markets, says the market has priced in tapering and is no longer worried about the timing.
The euro stayed well-bid on Tuesday, scaling a fresh five-year high on the yen and a six-week peak against the dollar as expectations for further stimulus from the European Central Bank continued to fade.
Stuart Oakley, Managing Director, Asian Currency Trading at Nomura, explains the massive demand behind yuan trades.
Europe markets close higher today on better-than-expected Chinese exports data, reports the "Squawk on the Street" news team.
What's the theme for 2014? It's still murky, but I'm increasingly warming to the idea of a synchronized but low-key global recovery.
CNBC's Eunice Yoon reports on all the market moving events from Asia, as the Chinese yuan hits new highs against the U.S. dollar.
Jonathan Webb, head of FX strategy at Jefferies Bache, says tapering is a "done deal" in December or January as the U.S. shows improving economic strength.
The euro raced to a near six-week high against the dollar and scaled a fresh five-year peak versus the yen on Monday after strong U.S. payrolls data boosted risk appetite.
Jonathan Cavenagh, Senior FX Strategist at Westpac Institutional Bank, tells CNBC's Cash Flow that the forex markets are already looking beyond QE taper.
CNBC's Sri Jegarajah takes you through the results of this week's forex sentiment survey.
The dollar rallied against the yen after stronger-than-expected jobs data stoked expectations the Fed may start reducing bond buying sooner than expected.
CNBC's Simon Hobbs reports European equity markets have rallied on the U.S. jobs data report. Also a London flood has caused the evacuation of thousands of people from the Southeast coast.
Stocks are rallying on the strong jobs report. What happened to fear of tapering?
CNBC's Karen Tso reports on all the market moving events from Europe, as investors focus on U.S. Fed tapering plans.
Michael Sneyd, FX analyst at BNP Paribas, says the dollar is strong against "risky currencies" such as the aussie and Canadian dollar.
Valentin Marinov, head of European G10 FX strategy at Citi, says the euro is seen as a safe haven as the markets fear tapering.
The euro rose to a five-week high against the dollar on Thursday after the European Central Bank left a key interest rate unchanged and its president Mario Draghi downplayed deflation risks.
CNBC's Simon Hobbs reports European stocks fall on U.S. tapering worries and there is no indication the ECB will ease inflation.