BEIJING, Feb 5- China will continue to crack down on illegal foreign exchange activities but won't revert back to the "old road" of capital controls, the country's top foreign exchange regulator said. The remarks were made by Pan Gongsheng, head of the State Administration of Foreign Exchange, during separate meetings with Andrew Rashbass, CEO of Euromoney...» Read More
The current weakness in the yen is bad news for U.S. companies competing with Japanese counterparts.
CNBC's Simon Hobbs reports on all the market moving events in Europe today.
The prospect of aggressive stimulus keeps the yen sliding and the nearing 'fiscal cliff' weighs on the dollar - it's time for your FX Fix.
CNBC's Kelly Evans reports on what's moving global markets, as the Nikkei 225 moves up 0.91% today, and the Japanese yen weakens.
Geoffrey Yu of UBS says the yen will continue to weaken until 88 against the dollar. But further weakness will be limited unless yields outside Japan move much higher.
The yen dropped to a more than two-year low against the dollar Wednesday, after Shinzo Abe assumed Japan's helm as new prime minister and repeated his pledge to push for more drastic monetary measures.
The overall outlook for the yen is bleak, this pro says, but tactically it could move higher in the near term.
The Japanese currency's recent slide is just the beginning of a larger move, this pro says.
Will a fiscal deal be done in time? CNBC's John Harwood reports. Jonathan Allen, Politico, weighs in.
The yen hits a 2012 low on stimulus expectations and Egypt gives the pound a lift - it's time for your FX Fix.
The yen hit a 20-month low against the dollar on Tuesday as Japan's incoming prime minister stepped up pressure on the Bank of Japan (BOJ) to easy monetary policy, while the dollar was buoyed by uncertainty about U.S. budget talks.
Just when you thought you could step away from your screen over the holidays, new data suggests there could be big swings ahead in the forex market.
Risk-sensitive currencies are unbowed by 'fiscal cliff' worries and Japan's incoming prime minister talks tough - it's time for your FX Fix.
CNBC's Louisa Bojesen reports on all the market moving events from Europe, including light volume ahead of the holiday.
Louisa Bojesen takes a look at US stock futures and how European stocks have been trading on Monday.
As Congress heads home without a solution to the 'fiscal cliff,' these currency pros offer ideas for trading the impasse.
The dollar was lifted by safe-haven buying as investors fled higher-yielding assets and bought safer U.S. instruments
Several factors will likely combine to push the Canadian dollar higher in 2013, this pro says.
The latest 'fiscal cliff' impasse trips up risk-sensitve currencies and a lower growth forecast dents the krona - it's time for your FX Fix.