Euro ahead on Greece hopes. NEW YORK, May 29- The dollar was mixed on Friday with month-end selling after a recent rally, as traders saw little in weak first-quarter U.S. gross domestic product data to discourage bets the Federal Reserve will start raising interest rates in 2015.. "Underlying sentiment remains positive but the dollar is seeing some profit taking...» Read More
Derek Halpenny, European head of global currency research at Bank of Tokyo-Mitsubishi, says that the U.S. will see slower growth in the fourth quarter of 2013.
The euro fell to a more than seven-week low against the dollar after the European Central Bank shocked investors by cutting interest rates.
Twitter has finally priced. Everyone is worried about a technology glitch, but my concern is that this could be a moonshot open.
Torrie Callander, corporate dealer at Global Reach Partners, says that there will be immediate euro strength on the back of the European Central Bank's rate decision, but the currency could tumble if Mario Draghi strikes a dovish tone.
The euro rose as stronger-than-expected German industry data increased uncertainty over whether the ECB would cut interest rates this week.
Judging by what happened overnight, Twitter is drowning out challengers on the primary market.
CNBC's Ross Westgate reports on all the market moving events from Europe, and discusses his Twitter handle and the company's IPO pricing. Advances outpaced declines today, and got a boost from German industrial orders for September, he says.
Luis Costa, EM strategist at Citi, says that fears over U.S. Federal Reserve tapering are being revisited as the timing of the policy remains unclear.
Brendan Brown, Head of Research at Mitsubishi UFJ Securities International says the widening spread between German and U.S. yields is a decisive factor in forex markets
CNBC's Kelly Evans reports on all the market moving events in Europe today, including a subdued economic forecast and banks shares lower.
A flood of IPOs will make this the biggest week for offerings since 2006, and could swamp Twitter's buzz.
The euro fell on Tuesday, hit by speculation the European Central Bank may signal easier monetary policy.
CNBC's Ross Westgate reports on all the market moving events from Europe, including the day's "cautious" session, following a less upbeat economic outlook for Europe.
Michael De Jong, Finance Minister of British Columbia, Canada thinks internationalization of the Chinese currency is inevitable and explains why his government issued renminni bonds.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including travel and leisure stocks pushing the markets higher.
Amid all the excitement around Twitter and the strong IPO market, a couple of new names are basically flat this year.
CNBC's Karen Tso reports on all the market moving events from Europe, including earnings and turbulence at Ryanair following a profit warning.
The euro touched a six-week low on Monday after suffering its biggest drop in over a year last week as pressure mounted on the European Central Bank to cut interest rates to shore up growth.
Mitul Kotecha, Head of Global FX Strategy at Credit Agricole, explains why the greenback may rise further.
CNBC's Simon Hobbs reports on all the market moving events from Europe today, as the euro closes lower for the fifth straight session.