Sterling dropped sharply against the dollar as markets brace for a potentially messy outcome to the election, the Financial Times reports.» Read More
The dollar rose to a six-month high against a basket of currencies, buoyed by gains against the euro on growing evidence the U.S. economy was showing signs of improving.
Apart from bouts of debt-crisis anxiety, the euro for some time has mainly been driven by risk appetite. This strategist says it's time to watch fundamentals.
With major U.S. spending cuts looming, risk aversion is in the air, lifting the safe-haven yen and denting the Canadian dollar.
CNBC's Kelly Evans reports manufacturing data for the euro zone continued to show contraction, and billions of dollars of automatic spending cuts due in the U.S. weighed on investor sentiment.
Stalemate in the United States over automatic government spending cuts due to take effect March 1 and an inconclusive election in Italy undermined the euro on Thursday.
The monetary easing being advocated by Japan's prime minister seems like a major economic boost - but it will do less than you think.
If you were busy watching the euro tank and the yen soar, you may have missed a bigger currency story: The dollar, some experts said, is poised for significant strengthening.
CNBC's Simon Hobbs reports on Thursday's top business headlines from Europe.
Italy weighs on the euro, the Bank of Japan gets a new chief, and improving business confidence lifts currencies down under - it's time for your FX Fix.
CNBC's Kelly Evans reports political fallout from the Italian election produced name-calling from Germany and is causing problems in European policymaking.
The euro rose against the dollar for the first time in three sessions on Wednesday on relief over solid demand for Italy's first bond sale since the country's general elections.
The yen spiked higher earlier this week as political turmoil in Italy sent investors to safe havens, but this strategist thinks it won't last.
Stock-index performance has been a poor predictor of forex moves lately, but one strategist says that's about to change.
CNBC's Simon Hobbs reports European shares posted strong gains, helped by a successful bond auction in Italy.
An Italian bond sale weighs on the euro and a credit rating affirmation lifts the Aussie - it's time for your FX Fix.
CNBC's Ross Westgate reports yields on Italian bonds reached their highest levels since October 2012 at an auction of five and ten-year debt.
Jesper Bargmann, Head of G11 SPOT FX, Asia Pacific at RBS Global Banking & Markets says expect more aggressive easing from the BoJ.
Kelvin Tay, Regional CIO for Southern APAC at UBS Wealth Management, warns that equity markets are set for a choppy ride in the coming months.
Sharp yen gains sparked by fears of political deadlock in Italy are a wake-up call to investors and a challenge to Prime Minister Shinzo Abe.
The euro traded flat against the U.S. dollar and yen on Tuesday, recouping early losses with the help of U.S. central bank assurances that a bond-buying stimulus program will remain in place.