With the pound trading near nine-month highs against a basket of other currencies, some strategists have been left with egg on their faces.
CNBC's Ross Westgate reports on all the market moving events from Europe, as automaker Peugeot Citroen falls nearly ten percent in Monday trading.
The dollar index rose Friday, heading for its first weekly gain in five, as optimism grew that Congress will reach a stop-gap deal to avert default.
Washington is groping for a deal on extending the debt ceiling. Yet banks are where all the action is.
Sterling may be near nine-month highs against a basket of currencies but for some forex strategists, time is running out for the pound's rally.
CNBC's Ross Westgate reports on all the market moving events from Europe, including Royal Mail's debut in London. The offering was heavily over-subscribed. Also, there was good demand for a three-year auction in Italy.
The dollar rose to a two-week high against major currencies as optimism grew that lawmakers might reach a deal to avert a U.S. debt default.
Stocks are rallying on hopes for a deal on the debt limit, yet keeping the government shut down. Come again?
CNBC's Carolin Roth reports on all the market moving events from Europe, including gains in the FTSE 100 and CAC 40.
The dollar rose on Wednesday as news that Federal Reserve Vice Chair Janet Yellen will be nominated as the next chief removed uncertainty in markets.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the standoff in the US impacting major markets around the world and Janet Yellen's nomination to head the Fed.
The Yellen nomination is going to be another very public slug-fest over President Obama's economic policies, including Obamacare.
Kiran Kowshik, currency strategist at BNP Paribas, discusses the reaction of the fixed income market and equity market to the debt ceiling debate and tapering timeline.
Peter Rosenstreich, Chief FX Analyst at Swissquote Bank recommends staying away from the U.S. dollar.
Nick Verdi, Director, FX Strategy Asia Pacific ex-Japan at Barclays says that RBI Governor Raghuram Rajan's first policy meeting marked a new approach for the Indian rupee.
The dollar remained near its recent eight-month lows as U.S. lawmakers struggled to find a solution to the country's budget and debt problems.
Demand for dollar cash outside the US surged with market participants paying higher premiums for dollars to tide them over a mid-October deadline.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including two major CEOs announcing the cut of some 23,000 jobs.
The prospect of a Grand Bargain in Washington is still alive. An elusive deal could end the shutdown, increase the debt ceiling, and possibly approve the long-delayed Keystone XL.
CNBC's Ross Westgate reports on all the market moving events from Europe, as the partial U.S. government shutdown shows signs of no end in sight.