CHENGDU, China, July 23- China has demonstrated commitment to moving toward a market-driven exchange rate, said a senior U.S. That's an important step, "he said, noting that China in recent months had intervened in currency markets to keep the yuan from falling. He also said he saw a path for China to manage a soft landing for its economy. » Read More
Safe-haven currencies like the yen and the Swiss franc were much in demand on Monday as an emerging markets sell-off continued.
CNBC's Ross Westgate reports on all the market moving events from Europe, as emerging market fears continue to weigh on equities.
Michael Sneyd, FX analyst at BNP Paribas, says the moves in emerging market currencies stem from concerns over whether China can handle a slowdown in its economy.
Two-thirds of respondents from CNBC's weekly forex survey are bullish on the greenback. CNBC's Sri Jegarajah reports.
Authorities have been vague about what is going on, but take a look at this comment from Stanley Black & Decker CEO John Lundgren.
The yen, Swiss franc and euro charged higher amid worries about a China slowdown and turmoil in some emerging markets.
CNBC's Carl Quintanilla reports on all the market moving events in Europe today, including a rough day for Spain and the currency crisis in Argentina.
Turbulence in emerging markets has become the main course for what has been a rather unappetizing start to 2014.
Kim Choongsoo, governor at the Bank of Korea, warns that "competitive devaluation of foreign exchanges" can have "grave consequences."
Greg Gibbs, Senior Currency Strategist at RBS tells CNBC's Cash Flow why he thinks the CNY is vulnerable.
Sterling rose to an almost three-year high against the dollar on growing expectations that the BoE will raise interest rates sooner.
CNBC's Carl Quintanilla reports on all the market moving events in Europe today, including contraction in Chinese manufacturing.
Chinese manufacturing dropped notably in January, with major components all logging declines.
The dollar slipped on Wednesday, hurt by gains in sterling and the Australian currency.
CNBC's Carl Quintanilla reports on all the market moving events in Europe today. Dutch chip equipment maker ASML leads the tech sector higher and Peugeot plans to increase capital.
We got an earnings report from IBM, and the picture they paint isn't pretty. The technology bellwether had a rough quarter.
CNBC's Ross Westgate reports on all the market moving events from Europe, as the International Monetary Fund forecasts the world economy will grow more than previously expected in 2014.
The dollar rose versus the yen on Tuesday, helped by renewed talk that the U.S. Federal Reserve may announce a further taper next week.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the European earnings watch and news from Davos.
IBM earnings after the close are important. They've missed the last couple times, and traders say the company may be primed for a beat.