NEW YORK, July 29- The dollar dropped on Friday after data showed that the U.S. economy grew at a slower pace than expected in the second quarter, while the Japanese yen soared after the Bank of Japan's stimulus plans underwhelmed investors. U.S. gross domestic product increased at a 1.2 percent annual rate, the Commerce Department said. "There were some aspects of... » Read More
The dollar rose to a six-week high against major currencies on Tuesday after stronger-than-expected U.S. economic data bolstered expectations the Federal Reserve will start scaling back stimulus this month.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including telecom mergers involving Verizon, Nokia, and Vodafone.
Callum Henderson, Global Head of FX Research at Standard Chartered tells CNBC's Cash Flow why he thinks the U.S. dollar is still the wisest trade at the moment.
The dollar rose to a one-month high against the safe-haven yen on Monday as worries about a military strike against Syria diminished, while commodity currencies edged higher.
Chris Tedder, Research Analyst at FOREX.com expects more weaker data out of Australia that will weigh on the AUD.
Jonathan Cavenagh, Senior FX Strategist at Westpac Institutional Bank tells CNBC's why he thinks it's time to short the yen against certain EM currencies.
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.