The euro strengthened against the U.S. dollar, which was on track to post its biggest one-day loss against the single currency since mid-March.» Read More
CNBC's Carolin Roth reports on all the market moving events from Europe, as positive economic data from the U.S. continues to buoy investor sentiment.
Manik Narain, head of EMEA FX and fixed income strategy at UBS, says euro/dollar will drop further in 2014.
Laura Fitzsimmons, Vice President, Futures & Options at JPMorgan Investment Bank, discusses the potential of more upside for U.S. equities once the Fed begins to taper stimulus.
Martin Lakos, Division Director at Macquarie Private Wealth explains his bullish call for equities and his cautionary stance for bonds going into 2014.
One effect of the Fed's scaling back its bond-buying program: a stronger dollar. The bullish calls are already heating up.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the EU's AAA credit rating downgrade.
Stocks are jumping on a third quarter U.S. gross domestic product (GDP) revision that was much stronger than expected.
The dollar hit a five-year high versus the yen on Friday as markets focused on the divergence between U.S. and Japanese monetary policy, driving U.S. Treasury yields higher after Wednesday's Fed decision to start cutting bond-buying.
CNBC's Ross Westgate reports on all the market moving events from Europe, as equities were mixed in early morning trading.
Derek Halpenny, European head of global currency research at Bank of Tokyo-Mitsubishi, says 2014 will focus on the dollar story.
With the VIX Index so tame, traders are looking for fear in the market and not finding it.
CNBC's Carl Quintanilla reports Europe reacted positively on the Fed's decision to taper and finished the day in rally mode.
The dollar traded near a five-year high against the yen on Thursday, a day after the Federal Reserve announced its long-awaited first cut in its bond-buying program.
With the budget and the taper set, the issue is how much of a traditional "Santa Claus rally" markets can expect.
CNBC's Ross Westgate reports on all the market moving events from Europe, as investors react to the Federal Reserve's decision to maintain low rates and reduce its asset buying program.
Dhiren Sarin, chief technical strategist at Barclays, says the yen is set to continue weakening.
Following the Federal Reserve's decision to taper its bond buys, the dollar rose against the euro before reversing, with the euro now higher.
If the VIX is a fear indicator, the slight upward slope suggests the market isn't particularly worried about the taper now.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the EU finance ministers meeting in Brussels and the warning in oil services.
The Fed put is still very much alive. That, bulls argue, will be a major underpinning for stocks in 2014.