CAIRO, April 26- Egypt's currency black market, a thorn in the side of successive governments, has virtually disappeared in the past two months following a central bank crackdown. The black market had flourished as a slump in tourism and investment since the overthrow of Hosni Mubarak in 2011 limited supply of hard currency-- undermining an image of relative...» Read More
CNBC's Kelly Evans reports European shares traded higher ahead of Friday's jobs report in the U.S.
The euro climbed to a session peak against the dollar on Thursday as the ECB gave no hints about monetary policy easing in the months ahead after leaving its benchmark interest rate unchanged.
The euro shot higher after European Central Bank President Mario Draghi maintained his economic view and rates stayed on hold. But this strategist is skeptical.
The dollar has long been viewed as a safe-haven currency, a refuge from rocky markets. But more and more, these pros say, it is trading on U.S. growth.
CNBC's Simon Hobbs reports on Thursday's market-moving stories from Europe.
The Bank of England stands pat and a solid Spanish bond sale lifts the euro ahead of the European Central Bank rate news - it's time for your FX Fix.
This week's European Central Bank meeting could bring a rate cut, which would weigh on the euro - but this strategist says that's not the currency's only problem.
The euro fell against the dollar on Wednesday, a day before an ECB policy-setting meeting, on concerns the bank may flag future interest rate cuts.
CNBC's Simon Hobbs reports the top business headlines from Europe, including a look at what drove markets higher in the euro zone.
Rising stocks boost risk appetite, but the prospect of stimulus from the Bank of England dents the pound - it's time for your FX Fix.
The Dow Jones average hit a record high on Tuesday. Such risk-on appetite has traditionally had a negative correlation for safe-haven currencies such as the dollar. But Ian Stannard, FX strategist at Morgan Stanley believes things will be different for the greenback this time, with global currency market dynamics changing quite rapidly.
The decline of sterling has been much faster and more aggressive than expected and it is set to continue, David Bloom at HSBC told CNBC Wednesday.
CNBC's Kelly Evans has the top business news headlines from Europe, including reports Vodafone is in talks with communications company Verizon.
The euro rose for a second straight day against the dollar as risk sentiment improved after a major U.S. stock index surged to all-time highs.
There were hints of good news in the latest euro zone economic reports, but this strategist is keeping a wary eye on the European Central Bank meeting.
Movements of the yuan are fairly solid indicators of the fluctuations of other Asian currencies, and these strategists are reading the tea leaves.
CNBC's Simon Hobbs reports upbeat economic data drove stocks higher in Europe today.
Retail sales help the Australian dollar but the euro zone PMI fails to lift the euro - it's time for your FX Fix.
CNBC's Kelly Evans reports better-than-expected economic data pushed markets higher in the euro zone.
Patrick Bennett, FX Strategist at CIBC discusses his outlook for monetary policy in Australia.