The dollar rose against a basket of major currencies on Friday as investors bet U.S. interest rates would rise more quickly than expected.
While the yen's sharp drop has driven the Nikkei to near seven-year highs, the quick decline is also spurring concerns over the economy.
Valentin Marinov, director of FX strategy at Citi, says the pound can strengthen further after Scotland voted against becoming independent.
No, Alibaba doesn't actually cure cancer; however, you would think so as some traders say it's lifting stocks ahead of its IPO tomorrow.
There are several reasons I am optimistic that Alibaba—at whatever price—will open to the upside and stay there.
The dollar rose after data showed U.S. jobless claims fell more than expected, reinforcing the view that U.S. interest rates will rise sooner.
CNBC's Simon Hobbs reports on Thursday's trading session as exchanges close higher on Fed relief, and the Swiss National Bank declares it is "determined" to cap the rise in the Swiss franc.
Richard Kelly, head of European rates and FX research at TD Securities, says the dollar will continue to strengthen pushing dollar/yen to $120 next year.
The U.S. dollar strengthened following Fed news after earlier hitting an 8-year high against the Japanese yen.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including anticipation for the Scottish vote and protesters in Kiev "trash" a pro-Russian deputy.
Lennar's earnings beat on Wednesday, with fairly big numbers, will help the bull argument.
State Street has asked its foreign exchange trading chief to stay away from the office, Dow Jones reported, citing unnamed sources.
Adam Cole, head of currency strategy at RBC, says the Federal Reserve's language will change less than the market expects which will see the dollar weaken.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a really bad session for Greece and the French prime minister faces a parliamentary vote of confidence.
Renewed sales of the Australian dollar were the main move on major currency markets on Tuesday.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a down day for oil stocks and Air France has cancelled over half its flights because of a pilot strike.
Sweden's crown fell to a two-month low against the euro after the country elected a minority government.
The dollar index was headed for a ninth consecutive week of gains after retail sales data added to expectations that U.S. growth is gaining steam.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a euro zone meeting in Italy and the "too close to call" Scottish referendum vote.
Alibaba reportedly plans to stop taking orders for its IPO early, an indication of sizzling demand.