The dollar was mixed on Friday with month-end selling after a recent rally.» Read More
CNBC's Simon Hobbs reports on today's top business headlines from Europe.
G-7 officials issued a currency statement, "clarified" it and then criticized the clarification! Pimco's Mohamed El-Erian says prepare for more confusion.
The British pound slumps on Bank of England comments and consumer confidence buoys the Aussie - it's time for your FX Fix.
CNBC's Kelly Evans reports European shares were mixed in morning trade, as investors digested a series of earnings news, and focused on currency wars.
A BofE pledge to help London become a global trading center for China's yuan has stirred talk of a revival in the city's fortunes, similar to the explosion of the U.S. dollar market in the 1960s and 70s.
Peter Whitley, Senior FX Analyst at Thomson Reuters says to expect more volatility in the yen ahead of the BOJ meeting.
The world's major economies may be trying to ease concerns about a currency war, but it appears that they are sowing confusion in the foreign exchange markets instead.
Takuji Okubo, Chief Economist, Japan Macro Advisors sees dollar/ yen rising to the 95 -110 area. He says the Bank of Japan's stimulus will be put on the back-burner until new management takes over.
The yen rebounded Tuesday, rising from a nearly three-year low against the dollar hit during the previous session, after a G7 official said a statement was meant to express "concern about excess moves" in the Japanese currency.
Hint: it's the oil, stupid.
A statement from G7 countries attempts to tamp down global tension about the falling yen and currency devaluations. Whether it will work is unclear.
All this chatter about a so-called global currency war is utter nonsense, Larry Kudlow says. He believes all that is happening is the Japanese are taking steps to increase liquidity and depreciate their vastly overpriced yen.
Monetary policies must not be directed at devaluing currencies, the Group of Seven nations said in a statement aimed at cooling growing international tensions over exchange rates and prompting yen to surge.
CNBC's Simon Hobbs reports European shares staged a turnaround, as bank stocks closed higher.
The Group of Seven try to quiet talk of a currency war, and unchanged inflation weighs on the pound - it's time for your FX Fix.
CNBC's Kelly Evans reports Barclays announced its turnaround plan aimed at reducing the bank's annual costs, which sent the stock up over 4 percent.
The euro rose against the dollar and yen on Monday after incurring heavy losses for three straight days as an ECB policymaker dismissed talk of intervening to weaken the currency.
Discussions about an overvaluation of the euro are simply a diversion from governments' task of sorting out their economies, ECB's Weidmann said on Monday, resisting political pressure to weaken the currency.
CNBC's Simon Hobbs reports European markets closed in the red as shares of Danish Pharma group Novo Nordisk fell sharply after U.S. regulators requested additional tests on the firm's new insulin drugs.
Kit Juckes, global head of foreign exchange strategy at Societe Generale, points out the U.S. has had a weak dollar policy for a very long time.