NEW YORK, Dec 26- The dollar rose against the yen and euro on Friday in scant volume, with many major markets still closed after the Christmas holiday. There's going to be a dip-buying mentality "said Rob Zukowski, senior technical analyst at 4 Cast Ltd. based in New York. Data on Tuesday that showed the U.S. economy growing at its fastest quarterly pace in 11 years...» Read More
Ulrich Leuchtmann, Head of FX Research at Commerzbank talks about how the Cyprus situation is affecting FX markets. CNBC's Carolin Roth also joins in the discussion calling in from Nicosia.
Jonathan Cavenagh, Senior FX Strategist at Westpac Bank expects the USD/JPY currency to trade lower because a lot of policy news from the BOJ and government are already priced in. Andrew Freris, Chief Investment Advisor for Asia at BNP Paribas Wealth Management joins the conversation.
The euro hovered near a four-month low as mixed messages from European officials kept fears alive that Cyprus' decision to tax large bank depositors would set a bad precedent.
A financial meltdown in Cyprus appears to have been averted, but experts say that doesn't mean the euro is out of the woods.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the debate about what the Cyprus bailout means for banks in other countries.
Axel Weber, chairman of the board of UBS, warned on Monday that the recent rally in financial markets could be a misleading signal as it is driven by exceptional expansionary monetary policies.
CNBC's Ross Westgate reports on all the market moving events from Europe, and takes a look at the trading action in Wolseley and Kingfisher.
The euro fell against US dollar and Japanese yen Monday as brief enthusiasm brought on by Cyprus' deal with its international lenders swiftly segued into broader fears about the banking sector.
The Fed's Dudley says Fed policy should continue to be accommodative, reports CNBC's Steve Liesman. And there's been a change of heart in European markets as stock closed lower, reports CNBC's Simon Hobbs.
CNBC's Ross Westgate reports a last-minute deal reached with the island nation's European partners, prevented a collapse of its troubled banking sector.
China's yuan hit a record high on Monday after the central bank set a firmer midpoint in response to hopes that Cyprus will avoid a banking crisis, but traders remained cautious about betting on further appreciation.
The euro rose against the dollar on Friday, posting its first weekly gain in seven weeks on hopes Cyprus will find a solution before Monday to avert a financial meltdown.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the latest in Cyprus, and a rally in European bond markets.
CNBC's Karen Tso reports European markets are trading lower on Friday, as talks collapse between Russia and Cyprus.
The yen surged against the dollar and euro on Thursday as fears of a financial meltdown in Cyprus spurred investors to sell riskier trades.
CNBC's Kelly Evans reports data from Germany showed a slowing of business activity in March, sending the euro lower against the dollar on the news.
The US dollar rallied after a decision by the Federal Reserve to continue its aggressive monetary easing fueled optimism about the US economic recovery.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the homebuilders are rallying in the UK, and the movement in banks on the Cyprus crisis.
CNBC's Kelly Evans reports major indexes moved into positive territory as investors watch to see if Russia will strike a deal with struggling Cyprus.
Brian Jackson, Global FX Strategist, Coutts says Europe will be able to ring-fence the Cyprus situation. Rob Aspin, Head of Equity Investment Strategy, Standard Chartered Bank Wealth Management Group joins in the conversation.