Upcoming econ data will be extremely important, since it could have a direct impact on what the Fed might say about a path to higher interest rates.» Read More
The plot thickens even more this weekend as European finance ministers meet to work out the terms of a rescue plan for Portugal. Brian Kelly, Kanundrum Capital, tells viewers why the Euro contagion was contained, with CNBC's Melissa Lee and the Money In Motion traders.
The currency markets have never been hotter as world headlines create opportunities everywhere. Also, what's the trade if the government shutdown is avoided, with CNBC's Melissa Lee and the Money In Motion traders.
A weekly look at currency trading and how to profit from it, with CNBC's Melissa Lee and the Money In Motion traders.
With the ECB already raising rates the big question lies in the minds of U.S. investors as to whether the Fed will be next, with Scott Nations, NationsShares chief investment officer.
Justice approves Google's acquisition of ITA with certain conditions. And markets head lower in the face of a government shutdown and a spike in oil prices, with CNBC's Melissa Lee and the Fast Money traders.
In 10 months, the Dollar Index has lost 14% because the world keeps accumulating dollars it doesn’t want and sells them. Asian central banks are key.
The sentiment that there will always be another bailout in Europe is rapidly coming to an end, reports CNBC's Guy Johnson.
Asian central banks are intervening to stem their currencies' rise, but risk-on investors are not deterred. Get your daily FX Fix right here.
Private equity power player Scott Sperling, co-president, Thomas H. Lee Partners, says the threat of a double-dip recession has lessened significantly, and that his portfolio is doing quite nicely, thank you. And it's all happening, he adds, despite significant headwinds in the economy, although, he adds, it's too early for the Fed to put on the brakes.
Former Gov. Jim Gilmore (R-Va.) and former Governor Ed Rendell (D-Pa.) discuss the budget debate currently holding up a spending bill in Washington. Rendell says social issues are holding up the agreement. Gilmore says Democrats are just playing the blame game.
Marc Faber, editor and publisher of "The Gloom Boom & Doom Report," discusses the world economy and the amount of paper being printed by central banks. His preference, as a result, is gold. Faber adds that in the current environment, cash and bonds are dangerous. Everything is going up, he says. Only at the Federal Reserve is there no inflation.
CNBC's Guy Johnson reports from Budapest as European finance ministers meet to discuss the EU's debt crisis. And the country's travel forecast and a look at Augusta.
What Mervyn King, governor of the Bank of England, called the Nice (“non-inflationary, consistently expansionary”) decade has vanished. In its place, we see what I would now call the Nasty (“nightmare of austere and stagflationary years”), the Financial Times reports.
European stocks were indicated to open higher on Friday as the euro nears a 15-month high against the dollar.
While Fed Chairman Ben Bernanke maintains allies at the top of the central bank, finding support in the financial community is getting progressively tougher.
Just because the European Central Bank raised interest rates today to stave off inflation, don't expect the Fed to take a similar tack with U.S. rates, these strategists say.
Rumors of a failed Asian art auction drive down shares of Sotheby's, and the Fast Money traders call the close. Hint: Avoid the Euro.
The euro is overvalued despite the European Central Bank's rate hike, and the yen is rich as well, this strategist says.
ECB President Jean-Claude Trichet announces a rate hike of a quarter point, which he attributes to rising oil prices. CNBC's Steve Liesman discusses the impact the hike is likely to have. Also, is Bernanke falling behind the curve, with Steven Ricchiuto, Mizuho Securities USA, and Zane Brown, Lord Abbett.
Portugal throws in the towel, the Bank of England holds steady, and the European Central Bank tightens its purse strings — it's time for your Eurocentric FX Fix.