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
Shyam Devani, Senior FX Strategist at Citi says the yen has potential to strengthen in the near term. Michael Hewson, Senior Market Analyst at CMC Markets joins in the conversation.
The yen rose against the dollar for the first time in four sessions on Monday after Japanese Prime Minister Shinzo Abe won a widely expected victory in elections for parliament's upper house.
CNBC's Kelly Evans reports on all the market moving events in Europe today.
CNBC's Ross Westgate reports on all the market moving events from Europe, including
The dollar fell against the yen in late trade on Friday as investors adjusted positions before Japan's upper house elections on Sunday.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Germany saying that a second writedown of Greek debt would not be in the country's best interests.
CNBC's Louisa Bojesen reports on all the market moving events from Europe, as Vodafone is forced to cut prices amid growing competition.
The yen fell across the board on Thursday as traders bet Japan's upper house elections would strengthen Prime Minister Shinzo Abe's position.
The dollar rose broadly on Wednesday after Federal Reserve Chairman Ben Bernanke confirmed market expectations that the U.S. central bank will start reducing its monetary stimulus.
CNBC's Karen Tso reports on all the market moving events from Europe, as investors await Fed Chairman Bernanke's semi-annual address to Congress in the U.S.
The dollar stayed on the defensive on Wednesday ahead of Federal Reserve Ben Bernanke's semi-annual testimony in Congress later in the day.
CNBC's Simon Hobbs reports on all the market moving events from Europe, as shares lost traction after worse-than-expected inflation data was reported in the U.K.
Ben Bernanke is going to "try not to rock the boat," says Mohamed El-Erian, Pimco CEO & co-CIO, providing perspective on Fed policy and what the chairman is likely to say at tomorrow's hearing on Capitol Hill and its impact on the markets.
The dollar eased versus a basket of currencies Tuesday, supported by the view that the Fed is likely to be the first to move away from ultra-loose monetary policy.
Fund managers are more bullish on the dollar than ever before, with a record number expecting the greenback to strengthen in the next 12 months.
CNBC's Ross Westgate reports on all the market moving events from Europe, as mining stocks offset losses with Rio Tinto reporting solid figures that booted investor confidence.
CNBC's Simon Hobbs reports on all the market-moving events from Europe today.
Lee Hardman, currency analyst at the Bank of Tokyo-Mitsubishi, says the ECB are "happy and satisfied" with their current level of forward guidance, but could strengthen it in the future.
CNBC's Ross Westgate reports on all the market moving events from Europe, as investors breathed a sigh of relief following the release of China's growth data.
The dollar rose on Monday amid anticipation of improved U.S. sales data which could hasten moves by the country's central bank to wind down its stimulus programme.