The yen soared against the dollar after a round of modest monetary policy easing from the Bank of Japan disappointed investors. » Read More
Nizam Idris, Head of Fixed Income and Currency Strategy, Macquarie explains why emerging market and commodity currencies like the Kiwi and Aussie will continue to suffer as Fed tapering nears.
The U.S. dollar reached a four-week peak against a basket of major currencies on Friday as investors sought its safe-haven status on the possibility of a U.S. military strike on Syria.
CNBC's Simon Hobbs reports on all the market moving events from Europe, as averages close trading for the month.
Chris Walker, FX strategist at Barclays Investment Bank, says that dollar strength is set to continue, as emerging market currencies get hit further.
Friday is the last trading day of the month and, arguably, the last trading day of the summer. If you take the start of summer as Memorial Day, and the end of summer as today, the S&P 500 Index is basically flat for this three-month period.
CNBC's Ross Westgate reports on all the market moving events from Europe, as shares of Dutch telecom firm KPN fell after America Movil threatened to withdraw an offer for the firm.
The crash in the rupee is putting India's economy on a knife-edge, so what do policymakers need to do to prevent a crisis? CNBC's Sri Jegarajah reports.
The dollar was on track for its largest daily gain against the euro in four months after U.S. data emboldened the view that the Federal Reserve could next month begin tapering.
Nasdaq OMX has sent a letter to listed clients, a mixture of an update and partial mea culpa as officials continue to address the shutdown last Thursday.
Yujiro Goto, senior FX strategist at Nomura, said markets were comfortable with the prospect of Larry Summers as the next Fed chief.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as shares of Vodafone gain 8 percent on news it is in talks to sell its Verizon Wireless stake.
Are Thursday's U.S. economic data may be "good enough" for the Federal Reserve to taper? Judging by the reaction of the 10-year yield, the bond market seems to believe they are.
CNBC's Ross Westgate reports on all the market moving events from Europe, as shares of Vodafone surge nearly nine percent on news it is in talks to sell its Verizon Wireless stake.
Nick Verdi, Director, FX Strategy Asia Pacific ex-Japan at Barclays tells CNBC's Cash Flow that while investors are looking for value, it's very difficult to justify going into EM currencies at the moment.
The U.S. dollar rallied across the board on Wednesday as investors sought the greenback's safety given the possibility of Western military action in Syria.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as the Bank of England Governor Mark Carney gave a very "dovish" speech on economic stimulus.
Unintended consequences are in part to blame for volatile markets. To paraphrase Donald Rumsfeld, it's not the known unknowns that worry traders, it's the unknown unknowns.
CNBC's Ross Westgate reports on all the market moving events from Europe, as risk assets were shunned by investors on concerns over a possible military strike in Syria.
Mirza Baig, Head of Foreign Exchange and Interest Rate Strategy, Asia at BNP Paribas discuss why emerging markets should embrace currency devaluation.