*Russia's ruble at all-time low vs dollar. NEW YORK, Aug 29- The dollar rose on Friday, with traders looking beyond soft U.S. consumer-spending data, while the steadily sliding euro won a reprieve on diminished expectations the European Central Bank will soon ease monetary policy.» Read More
Markets are mostly down across Europe, weakened by reports of euro zone country downgrades by S&P. France & Austria ratings are expected to be downgraded a notch, from AAA. Ratings cuts do not include Germany, according to Reuters. The euro vs. dollar is at its lowest level since August 2010. And Greek negotiators are less optimistic about avoiding a default. With James Bianco, Bianco Research, and Jacques Cailloux, RBS.
Italy's bond sale disappoints and the Swiss franc is rich - it's time for your FX Fix.
Yields in a 3-year auction of Italian bonds fell, boosting European stocks. The yield came down to 4.83% from 5.62%, lowest since September 2011. But analysts said demand could have been slightly better, after an auction of Spanish debt on Thursday saw very robust demand from investors.
In the US stock index futures are broadly flat but Dow futures are up about 15 points on optimism about a solution to the euro zone debt crisis. In Europe, banks lead shares higher ahead of an Italian bond auction. Yields are down across the board after two successful auctions of Spanish and Italian debt on Thursday. Asian markets were mostly higher as a result of Thursday's successful European debt auctions.
Respectable bond sales and disappointing U.S. data are pushing the euro higher, and this strategist sees a trading opportunity.
Correlations can help you trade, but they can also come back to bite.
European shares mixed after weak U.S. economic data this morning. The Bank of England and the ECB leave key rates unchanged. Yields fall sharply in Spain and Italy debt auctions. There are now signs of economic stabilization, according to ECB President Mario Drahi. Recession in euro zone may be less likely, as a result.
The single European currency is likely to continue its fall even if European Union leaders, including European Central Bank officials, agree on a solution to the debt crisis, according to analysts.
A Spanish bond sale lifts the euro, but the European Central Bank meeting is the real headliner - time for your FX Fix.
European markets see gains across the board as bond yields fall, reports CNBC's Rebecca Meehan.
Don't look now, but the Canadian dollar could soon have its wings clipped.
Stocks edge lower after the S&P 500 hit its 5-month high yesterday. What's holding the markets back? Jeremy Zirin, UBS, and Rick Fier, Conifer Securities, discuss new signs the Germany economy is slowing down.
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.