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
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The dollar fell from a seven-month high against a basket of currencies Friday after US data dented optimism about the economy and reinforced expectations the Fed will continue its bond-buying program for the foreseeable future.
The dollar is dipping and the euro is lifting, and this strategist sees a signal that the euro zone could be on the road to economic recovery.
European shares are lower as finance ministers prepare to discuss Cyprus bailout. CNBC's Simon Hobbs reports.
Wariness about inflation stalls the dollar rally and the Bank of England chief's comments steady the pound - it's time for your FX Fix.
CNBC's Kelly Evans reports European shares were relatively unchanged in morning trading.
Bank of England Governor Mervyn King said on Thursday that the central bank was not seeking any further fall in the level of sterling which now appeared to be fairly valued.
The dollar fell from a seven-month high against a basket of currencies on Thursday as some traders bet it may have rallied too quickly.
The austerity focus at the European Union summit is weighing on the euro, and this strategist doesn't see much near term relief for the currency.
With the dollar looking increasingly attractive relative to other major currencies, real money nvestors are starting to pile in.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as stocks resume their rally and the EU summit begins.
Economic data boosts the buck, a jobs report sends the Australian dollar higher, and the yen dips as Bank of Japan nominees clear a hurdle - it's time for your FX Fix.
European shares traded higher on Thursday, ahead of a gathering of European Union leaders for a summit in Brussels, reports CNBC's Kelly Evans.
Peter Rosenstreich, chief fx analyst at Swissquote Bank, argues that Swiss exchange rates will not change in the foreseeable future due to deflation and the continued deceleration of the economy.
Jan Dehn, Co-head of Research at Ashmore Investment Management, explains why emerging markets are likely to face disinflation as developed markets' currencies become undermined.
The dollar climbed to a seven-month high against a basket of currencies on Wednesday as robust U.S. retail sales data bolstered prospects for the world's largest economy.
Growing U.S. energy independence combined with a recovering economy and foreign inflows are turning the dollar into a growth currency.
The pound and the yen have been grabbing the headlines lately, but it may be time to look elsewhere for selling opportunities.