*Sterling on defensive for UK elections. SYDNEY, May 7- The dollar languished at its lowest in over two months against a basket of major currencies early on Thursday, under renewed pressure from disappointing data, while a further spike in German yields gave the euro some support. The euro jumped to a two-month high of $1.1371, continuing to pull away from a 12- year...» Read More
The 'fiscal cliff' negotiations are down to the wire, and these strategies have suggestions for how to take cover.
The Bank of Japan is facing growing pressure to inject new stimulus, and short yen positions are large, but this strategist still sees a selling opportunity.
Web-only advice and information for currency traders, with CNBC's Melissa Lee and the Money In Motion traders.
The U.S. dollar edged up to a two-week high against major currencies Friday as investors waited to see if U.S. politicians can strike a last-minute budget deal.
This strategist was bearish on the yen even before the recent elections. Now that the Bank of Japan is being pressed for added stimulus, the Nomura analyst is even more negative.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including France's final estimate of Q3 GDP.
'Cliff' talks curb currency moves and the yen slides again - it's time for your Friday FX Fix.
As central banks in both the U.S. and Japan look set to continue aggressive monetary easing policies in 2013, Dan Harden, senior commercial dealer at Global Reach Partners has told CNBC traders should short both countries' currencies and look for high yields from the Australian and New Zealand dollar.
CNBC's Kelly Evans reports on all the market moving events from Europe, as stocks lose ground and hope fades there will be additional monetary easing in Japan and a "fiscal cliff" deal reached in the U.S.
Brian Jackson, Global FX Strategist, Coutts says he likes the Indian currency as New Delhi doesn't mind a stronger currency. He expects the rupee to hit 51.50 against the USD.
The yen fell to its lowest against the dollar in more than two years on Thursday, on expectations Tokyo will push for aggressive monetary stimulus.
The German finance minister said he believes the worst of the euro crisis is over - because Greece and others have learned the error of their ways.
The current weakness in the yen is bad news for U.S. companies competing with Japanese counterparts.
CNBC's Simon Hobbs reports on all the market moving events in Europe today.
The prospect of aggressive stimulus keeps the yen sliding and the nearing 'fiscal cliff' weighs on the dollar - it's time for your FX Fix.
CNBC's Kelly Evans reports on what's moving global markets, as the Nikkei 225 moves up 0.91% today, and the Japanese yen weakens.
Geoffrey Yu of UBS says the yen will continue to weaken until 88 against the dollar. But further weakness will be limited unless yields outside Japan move much higher.
The yen dropped to a more than two-year low against the dollar Wednesday, after Shinzo Abe assumed Japan's helm as new prime minister and repeated his pledge to push for more drastic monetary measures.
The overall outlook for the yen is bleak, this pro says, but tactically it could move higher in the near term.
The Japanese currency's recent slide is just the beginning of a larger move, this pro says.