*Euro dips under $1.09; ECB to start bond buying next week. The euro fell below $1.09 for the first time since September 2003. "We feel the economy is in a position for the Fed to begin normalizing policy," said Sam Bullard, senior economist at Wells Fargo Securities in Charlotte, North Carolina.» Read More
With the world's largest economy suddenly awash in oil and gas, might the U.S. dollar join the ranks of the dollars of Canada and Australia as a "commodity currency"?
CNBC's Ross Westgate reports on all the market moving events from Europe, including
HSBC has turned bullish on the U.S. dollar, as a result of a global currency war which the bank said is "intensifying", with a number of central banks following in Japan's footsteps.
The dollar was on track for its biggest daily drop in more than five weeks against the yen after a sharp slide in Japanese stocks and weak Chinese factory activity data.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including
Greg Matwejev, Director, FX Hedge Fund Sales and Trading at Newedge says that the U.S. dollar will be the trade of the year.
The dollar rallied to trade at a fresh 4 1/2-year high against the yen after Fed Chairman Ben Bernanke warned that holding interest rates too low for too long has its risks.
CNBC's Ross Westgate reports on all the market moving events from Europe, as investors look for signs from the Fed's Bernanke on whether the current stimulus program will be tapered.
The U.S. dollar fell against the euro on Tuesday after St. Louis Federal Reserve President James Bullard dented expectations the U.S. central bank may taper its bond purchases.
CNBC's Simon Hobbs reports the top business stories from Europe, as investors worry the U.S. Federal Reserve may taper its bond purchase program.
The U.S. dollar fell against the euro and yen on Monday as traders pared back expectations Federal Reserve Chairman Ben Bernanke would hint at tapering bond purchases this week.
CNBC's Simon Hobbs reports on all the market moving events from Europe today, as the FTSE 100 touches its highest level since September 2000.
Peter Whitley, Senior FX Analyst at Thomson Reuters says to short AUD/USD and NZD/USD on any rally.
The dollar rose against a swath of currencies on Friday, rocketing to 4 1/2-year high against Japan's yen.
The Australian currency has been falling sharply and selling the Aussie dollar for the appreciating Mexican peso is becoming an increasingly popular trade, said an analyst.
CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks shifted higher despite weak economic data from the U.S. yesterday.
John Noonan, Senior FX Analyst at Thomson Reuters says a bearish AUD is the dominating trade in the macro fund community. Dhiren Sarin, Chief Technical Strategist, Asia Pacific at Barclays gives his Technical Analysis on currencies.
The U.S. dollar recovered to trade higher against the euro and yen late Thursday afternoon in a volatile session that saw the U.S. currency swing between gains and losses.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as shares turned negative after downbeat economic data from the U.S.
Brian Jackson, Global FX Strategist at Coutts says there more upside for the currency pair and explains why it will climb to 106.