After going steady for the last few months, the dollar and the yen are about to break up again, according to strategists.
Michael Every, Head of Financial Markets Research Asia-Pacific at Rabobank tells CNBC's Cash Flow that foreign direct investment will be affected by the anti-government protests in Thailand.
The yen hit a six-month low against the dollar and a four-year trough versus the euro on Monday as a deal on Iran's nuclear program sent risk higher.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the rise in airline stocks after news of an Iranian nuclear deal, and Prince Harry beginning his adventure across Antarctica.
Ulrich Leuchtmann, head of FX research at Commerzbank, says that the currency markets are closely watching moves from the European Central Bank and U.S. Federal Reserve.
Jeffrey Haley, Senior Manager, FX Trading, Saxo Capital Markets says investors are getting ahead of themselves with December tapering expectations.
The euro climbed to a four-year peak against the yen and rose for a second straight day versus the dollar on Friday.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including former Co-operative Bank PLC Chairman Paul Flowers was arrested.
CNBC's Ross Westgate reports on all the market moving events from Europe, including the euro at a 4 year high against the yen.
Yen bears, many of which predicted the currency would end the year at 105-110 against the U.S. dollar, could finally be rewarded for their patience.
The dollar jumped to its highest in more than four months against the yen on Thursday.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including growth slowing down, as well as French farmers protesting tax reforms.
Amid the noise of the Dow and S&P 500 hitting record highs, markets have moved in a narrow range for the past week on light volume.
CNBC's Ross Westgate reports on all the market moving events from Europe, including mixed data from the German and French economies.
David Bloom, the global head of foreign exchange strategy at HSBC, lists the currencies that would survive a flight back to the dollar.
Valentin Marinov, director of FX strategy at Citi, says that there is a lack of certainty in the FX market and nobody is taking big bets.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including minutes from the Bank of England.
October's retail sales supports the view of those who would like to see the Fed begin tapering, and confirmed decent retail earnings.
The dollar edged lower after Fed Chairman Ben Bernanke said the Fed will maintain its ultra-easy policy for as long as needed.
CNBC's Ross Westgate reports on all the market moving events from Europe, including monetary policy details out of the minutes from the Bank of England.