CARACAS, March 11- Venezuela on Tuesday published rules for an imminent new foreign exchange platform designed to ease dollar shortages and combat black market trading through a market-based mechanism.» Read More
The European Central Bank has its monthly meeting and news conference on Thursday. Here's how to get ready.
European markets fall as Fitch says ECB should ramp up bond buying. The euro falls to a 16-month low vs. the dollar following Fitch comments. Italian banking stocks rebound, led by Unicredit. There was strong demand for the sale of German bonds. The German economy shrinks during the 4th quarter. Merkel praises the Italian government for speed of launching reforms. Italian PM Monti warns of austerity exhaustion and says austerity alone will not solve all of his country's problems. A new report calls organized crime "Italy's Biggest Bank." Commercial bank overnight deposits at the ECB hit another record high. Natural gas stocks are weak as natural gas hits its lowest level since September 2009. With Yra Harris, Notes from Underground blog.
Gold is investors' favorite asset for 2012, and developed markets are preferred over emerging markets when it comes to putting money in stocks or bonds, according to a poll carried out by Japanese investment bank Nomura.
British trade data disappoints and Fitch offers tough love for the euro - it's time for your FX Fix.
Germany's Q4 GDP fell to .25 percent, reports CNBC's Ross Westgate, who examines the European markets.
Brian Dolan, Chief Currency Strategist at Forex.com discusses the direction of the euro, and says that it's currently in a consolidation zone, along with other major currencies.
The Swiss franc rose on the resignation of the Swiss National Bank's chairman, and this strategist sees a trade.
Funny what a European debt crisis can do to the appeal of the dollar.
European shares close solidly higher as Wall Street rallies. European commodity stocks are boosted by Alcoa's outlook. The ECB meets Thursday: the Euro zone enters recessionary territory. Fitch says it doesn't foresee cutting France's AAA rating this year. Fitch also says countries under review, like Italy and Spain, could be cut one or two notches. Germany's Merkel and the IMF's LaGarde are slated to meet today in Berlin. Philips says European weakness will hurt its Q4 profits. The Bank of France says the
The Swiss franc bounced after the Swiss National Bank president resigned, and this strategist sees a selling opportunity.
Chinese trade data lifts currencies down under, and short covering lifts the euro from Monday's lows — it's time for your FX Fix.
Amid the wailing and gnashing of teeth that are governments’ attempts to confirm the long-term viability of the euro project, we are also witnessing an attempt to introduce a financial transactions tax (FTT) or “Tobin Tax” in the European Union.
CNBC's Ross Westgate has an update on European markets, including pessimistic outlooks for Philips and Siemens.
The European Central Bank is meeting on Thursday amid a wave of grim economic data. Here's one expert's take on what will happen.
The euro lifts, the French and German leaders meet, and the Swiss go shopping - it's time for your FX Fix.
Germany paid negative-yield for the first time ever on a bond auction, reports CNBC's Ross Westgate. "Germany is making money out of borrowing," he says.
The euro is heading lower versus the US dollar in the first quarter of the year, Stephen Gallo, head of market analysis, Schneider Foreign Exchange, said. "But I think the size of the short positioning in the euro is going to keep market participants cautious," he added.
The euro is getting pummeled, and the upcoming European Central Bank meeting is unlikely to change its course.
Web-only advice and information for currency traders, with CNBC's Melissa Lee and the Money In Motion traders.
The final word from the currency pits, with CNBC's Melissa Lee and the Money In Motion traders.