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
European leaders talk and talk, and hot money cools toward Asia — it's time for your FX Fix.
With all the action on the Continent, the British pound has been out of the spotlight. It's time for a look — and you might not like it.
The Swiss National Bank is putting the kibosh on the franc's safe haven status, and investors are turning to Norway instead. But it could be too much too fast.
Central banks go easy and the Australian jobs report disappoints - it's time for your FX Fix.
It's not enough that the German court gave mixed signals to the euro. Now the technical patterns aren't looking so good either.
The Swiss National Bank and the German courts have changed the outlook for the euro - but it's still cloudy.
The current market volatility and uncertainty has made finding what to buy even more difficult, Pedro De Noronha, managing partner at Noster Capital, told CNBC.com Wednesday.
The Swiss central bank's decision to set a limit on how much the Swiss franc can appreciate against the euro is "a huge mistake," investor Jim Rogers, chairman of Rogers Holdings, told CNBC.com on Wednesday.
The Swiss National Bank (SNB) came out fighting Tuesday, announcing its intention to set a minimum exchange rate for the Swiss franc against the euro, in a move which sent European shares and the price of gold up.
Speaking of the SNB's decision to peg the Swiss Franc to the Euro, Julia Coronado, North America chief economist at BNP Paribas, told CNBC, "There are a lot of tensions in the currency world right now, and as we have seen, it is not always easy to effectively have control over that."
The Swiss Franc has become the "new gold" as investors turn to money markets in an environment governed by fear, Jon Cox, Head of Swiss Research at Kepler Capital Markets told CNBC.1st paragraph of story should go here
"For the Swiss franc to look like an attractive funding currency again when it is in competition with so many other currencies at the moment we would need to see....direct intervention on the part of the Swiss National Bank," Adam Cole, head of currency strategy, RBC. He added that he did not expect much in the way of dovish comments from Fed chairman Ben Bernanke when he speaks on Friday.
Investors are looking for any safe haven in a storm — it's time for your FX Fix.
Thursday's slump in markets globally will continue in coming months as the fundamental problems facing the global economy continue, analysts told CNBC Friday.
The euro zone is stressing and central bankers are talking - it's time for your FX Fix.
Singapore dollars get snapped up and European officials underwhelm - it's time for your FX Fix.
If you think London or New York are among the world's most expensive cities, keep guessing and get your checkbooks out (that is if you are travelling to one of the cities that take the top spot).
The Swiss franc is sliding on worries it will be pegged to the euro. But whether a peg is really feasible is unclear.
German growth disappoints, British inflation rolls on, and Sarkozy and Merkel are set to meet - time for your FX Fix.
"The markets are exhausted by the Euro zone debt crisis," Nick Beecroft, senior markets consultant at Saxo Bank, told CNBC. He added that the risk-off enviornment would return.