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
CNBC's Simon Hobbs reports on Thursday's market moving events from Europe, as risk appetite returned to markets.
CNBC's Kelly Evans reports on Thursday's market moving events from Europe, as shares gave-back session lows on better-than-expected estimates from the United Kingdom.
Greg Matwejev, Director of FX, Hedge Fund Sales and Trading for Newedge Asia Pacific says an ECB rate cut at the next meeting next week (May 2) is a done deal.
The euro rose against the dollar on Wednesday, reversing a drop to a near three-week low earlier in the global session.
CNBC's Simon Hobbs reports on today's market moving events from Europe today, as political confidence in Italy grows.
CNBC's Kelly Evans reports on Wednesday's market moving events from Europe, as German business sentiment data came in worse-than-expected.
Brian Jackson, Global FX Strategist at Coutts says to expect the Japanese yen to weaken further, but in a more gradual manner. He is bearish on the Euro and believes the Chinese Yuan will strengthen.
The euro hit a two-week low against the dollar after weak German data fanned concerns about the euro zone economy and speculation the European Central Bank could cut interest rates.
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.