TOKYO, July 26- The dollar fell more than 1 percent against the yen on Tuesday, on investors' growing expectations that the Japanese government's stimulus steps will fall short of initial hopes. The dollar was down 1 percent at 104.71 yen after dropping as low as 104.625 yen earlier on the EBS trading platform, its lowest since July 14. The Japanese government is... » Read More
CNBC's Simon Hobbs reports on Tuesday's market moving events from Europe, as stocks extend gains on a positive Spanish bond auction and better-than-expected French manufacturing data.
Rick Santelli discusses European auto sales, the continent's economy, and German stocks. (2:04)
CNBC's Kelly Evans reports on Tuesday's market moving events from Europe, as shares moved higher on better-than-expected PMI data from France.
Jim O'Neill, chairman at Goldman Sachs Asset Management, reflects on the best and worst calls of his career and his ultimate love for the foreign exchange market.
Mitul Kotecha, Head of Global FX Strategy, Credit Agricole Corporate and Investment Bank says Japanese investors have yet to expand their overseas investments which needs to happen for the Yen to accelerate. He expects the JPY to reach 104 at the end of the year.
So, will dollar-yen continue its descent to hit 100 this week or does the yen, which has fallen more than 20 percent since mid-November, need a fresh catalyst to trigger a further downward move? Vote and let us know what you think.
Boris Schlossberg, Managing Director at BK Asset Management, highlights the possible factors which could see dollar-yen breach the key 100 level.
The yen hovered near the key level of 100 to the dollar on Monday after major industrialized nations gave their stamp of approval to a massive Japanese easing program.
CNBC's Simon Hobbs reports on Monday's market moving events in Europe, as shares pull back on weak earnings from Caterpillar.
CNBC's Kelly Evans reports on all the market moving events from Europe, as political concerns in Italy softened after its President agreed to stay for another term.
With the yen just a whisker away from the key $100 level on Monday, one analyst said that ultra-loose monetary policy has won over the G-20.
Antje Praefcke, Senior FX Strategist at Commerzbank says that there are a lot of barriers to the Japanese Yen breaking the 100 level but eventually it will happen.
John Woods, Chief Investment Strategist at Citi Private Bank, and Ray Attrill, Co-Head of FX Strategy at NAB discuss the scenarios surrounding the Japanese Yen to break the 100 level and what effect that will have.
Chong Yoon-Chou, Investment Director at Aberdeen Asset Management tells CNBC's Cash Flow how to play the upcoming Malaysian elections.
The U.S. dollar and euro rallied 1.5 percent versus the yen on Friday after Japan said the Group of 20 countries did not oppose its aggressive monetary easing.
Andrew Sullivan, Director Asian Sales Trading at Kim Eng Securities suspects the Yuan trading band will widen in the near future.
The euro edged higher against the dollar as more signals of a weakening U.S. economic recovery lifted it from its biggest daily drop in 10 months in the previous session.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as shares pared back gains.
Germany's lower house of parliament voted overwhelmingly to grant Cyprus a 10 billion euro bailout that is designed to avert bankruptcy.
Harry Ida, Senior Analyst at Thomson Reuters says short JPY against almost anything.