ZURICH, May 29- Switzerland's economy shrank in the first quarter, data showed, as exporters felt the impact of a strong Swiss franc, which surged after the central bank removed the currency's cap against the euro in January. Meanwhile, Switzerland's leading indicator for May rose more than expected, so while an economic recovery could not be expected...» Read More
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.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a look at the Italian bond auction.
A lackluster Italian bond auction and downbeat factory output data hit the euro, while strong housing numbers lift the Australian dollar - it's time for your FX fix.
CNBC's Kelly Evans reports global markets paused for a breath after hitting multi-year highs in recent days.
The yen rose against the dollar for the first time in a week on Tuesday, rebounding from a 3 1/2-year low, as short and long-term investors opted to book profits.
The brightening U.S. economy is lifting the dollar, but this expert says certain dollar trades will do better than others. Hint: look for central bank stimulus.
Hints of possible early stimulus dent the yen, the weak U.K. economy hits the pound, and waning rate cut hopes lift the Aussie - it's time for your FX Fix.
CNBC's Kelly Evans reports European markets opened flat on Tuesday, ahead of bond auctions from both Spain and Italy.
The dollar rose against the yen Monday, trading near a 3 1/2-year high set the previous session when strong U.S. jobs data spurred speculation the Federal Reserve could back away from its ultra-loose monetary policy.
Technical indicators, downbeat economic reports, and the prospect of more central bank stimulus are all weighing on the British currency, this strategist says.
The Canadian dollar has been out in the cold lately. This strategist says the loonie is worth another look.
Strong jobs data keeps the dollar lifted, downbeat China reports dent the Aussie, and central bank worries hit the forint - it's time for your FX Fix.
CNBC's Kelly Evans reports European markets traded lower on Monday as investors reacted to Italy's credit rating downgrade.
Michael Gurka, managing director, Spectrum Asset Management, discusses the impact a low British pound vs dollar could have on crude oil prices.
John Horner, FX Strategist at Deutsche Bank, is bullish on the U.S. dollar. He believes recent U.S. data such as the non-farm payrolls and ISM manufacturing figures will lead to continued strengthening.
Between the yen, the pound, and the euro, plenty of currencies are vying for the "ugliest currency" title. These strategists pick the winner.
With Friday's nonfarm payroll report signaling a stronger than expected U.S. economy, these strategists say the dollar is headed higher.
The Reserve Bank of New Zealand's monetary policy statement will be released on March 13th. What to look for, with the Money In Motion traders.