NEW DELHI, April 27- Ajit Lakha, who runs a mid-sized garment export business in the north Indian textile hub of Ludhiana, prays daily before leaving for work that the rupee will weaken and the euro recover to cut the losses he is taking on his overseas sales. "Only a year ago, I was getting 80 rupees for each euro on garment exports to France. The result has been India's...» Read More
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.
Selling the yen has made investors billions over the past three to four months, but this expert sees the Japanese currency's slide ending.
"A short-selling ban would signal that they're really starting to panic. As a result it's probably going to have unintended consequences," one pro said.
Former Prime Minister Silvio Berlusconi's shocking strength in the latest election is doing the euro no favors, these experts say.
Messy Italian election results buffet the euro and a search for safe havens lifts the yen - it's time for your FX Fix.
CNBC's Ross Westgate reports European shares traded sharply lower, with Italian stocks the worst performers as political deadlock gripped the euro zone's third-largest economy.
Keagan York, Head of FX Strategy at Compass Global Markets explains why he believes the USDJPY could return to 88 soon.