CNBC's Eamon Javers reports the DOJ expects to announce an agreement with the government of Switzerland in which certain Swiss banks could resolve the liability they may be facing in results of hiding American assets. Participating banks will have to provide the U.S. with full disclosure of activities.» Read More
A sudden and brief move lower in the Swiss franc has traders blaming human error.
The Swiss franc rose on the resignation of the Swiss National Bank's chairman, and this strategist sees a trade.
Funny what a European debt crisis can do to the appeal of the dollar.
The Swiss franc bounced after the Swiss National Bank president resigned, and this strategist sees a selling opportunity.
Chinese trade data lifts currencies down under, and short covering lifts the euro from Monday's lows — it's time for your FX Fix.
The euro lifts, the French and German leaders meet, and the Swiss go shopping - it's time for your FX Fix.
The euro is under pressure and Switzerland's top central banker is under fire - it's time for your FX Fix.
A French bond sale fails to lift the euro, and the dollar is edging up - it's time for your FX Fix.
The euro and the Swiss franc will be smart currency plays in 2012, Jim Rogers, the billionaire investor and author, told CNBC Tuesday.
Decent economic reports from the U.S. are fueling risk appetite - for now. Here's how to trade it.
An extended bank holiday in the European Union to halt a steep market fall, a third party candidate winning the race for the White House, and 50 European banks being nationalized are just a few of Saxo Bank's "outrageous predictions" for 2012.
Despite the drama, the euro is virtually unchanged from its January level against the dollar. This strategist has a trade that should see more action.
A triple whammy this morning: China, coordinated central bank action, and better than expected ADP report.
In the computerized world of markets, it’s not every second that counts – it’s every micro second.
The Swiss franc is off sharply on rumors that the central bank is going to set a new, lower peg against the euro. Maybe, maybe not.
Alexandra Lebenthal, CEO of Alexandra Lebenthal, told CNBC she was pleased by yesterday's coordinated dollar injections by five central banks. "Global markets are so connected that there has to be a concerted effort on what to do," she said.
The coordinated injection of dollars into banking systems by five of the world's largest central banks is the biggest news in the markets, Valentijn Van Nieuwenhuijzen, head of strategy at ING Investment Management, told CNBC.
Central banks are coordinating to open up funding for European banks, and the euro is up on the news. Whether it will last is another story.
The arm-in-arm effort by central bankers to increase U.S. dollar liquidity in Europe is essentially a band-aid solution, and the euro is already backing off its gains.
Five of the world's largest central banks have announced a coordinated injection of dollars into banking systems, in response to growing concerns over liquidity problems in the euro zone. However, analysts say, they cannot solve the underlying solvency crisis.