The U.S. dollar traded at 11-month highs, having been given a second wind after minutes of the Federal Reserve's July meeting sounded slightly hawkish.» Read More
The bold prediction that can make you money in 2012, with CNBC's Melissa Lee and the Money In Motion traders. And forget the debt crisis, the euro is going higher. How to profit from it. With Willie Williams, director of institutional derivatives sales, Societe Generale.
Will S&P downgrade Europe? The currency trade behind a potential downgrade, with CNBC's Melissa Lee and the Money in Motion traders. And a bullion breakdown. Does the gold rout this week prove the dollar is a more valuable property?
CNBC's Mandy Drury reports the U.S. markets are positive, for now. The lower dollar and stronger euro are helping push things today. Financials, industrials and materials are all higher. Adobe is up after a good earnings report, but Zynga fell below its $10 IPO price in early trading. Meanwhile, things continue to be Rough for RIMM after it delays its remake till the end of 2012.
European shares are mixed in thin trading. Mining shares rally along with metal prices. Monti wins Italian confidence vote on austerity measures. The EU and IMF break off informal aid talks with Hungary. Britain says it plans to attend talks on a European fiscal pact. And a vote to withdraw German support for ESM fails. With JJ Kinahan, Think or Swim.
Euro shorts take cover and Indonesia gets a ratings boost - it's time for your FX Fix.
Miners lead European shares higher. Bank stocks react to the Fitch downgrade with something of a yawn. Yields fall across the board in the bond markets. Monti faces an Italian confidence vote on austerity and the euro rebounds slightly.
An extended bank holiday in the European Union to halt a steep market fall, a third party candidate winning the race for the White House, and 50 European banks being nationalized are just a few of Saxo Bank's "outrageous predictions" for 2012.
Traders have been bracing for sovereign rating cuts in Europe ever since Standard & Poor's issued a warning. Here's what to do.
The euro has been trading in tandem with key commodity currencies, but that could change - and create trading opportunities.
The U.S. markets are positive on the heels of positive economic data that's outweighed the negatives from Europe. The only cautious note is that while manufacturing is improving, U.S. companies are staying lean.
European markets have a mostly green day after upbeat U.S. economic data -- insurance stocks are among the day's best performers. Credit Agricole falls after Fitch downgrades its long-term rating. Italy calls for a Friday confidence vote in effort to speed up austerity passage. And the IMF's Christine LaGarde says the world economic outlook is "quite gloomy" and requires action by countries outside the EU. Henry McVey, KKR head of global macro and asset allocation, discusses his investment strategy for a tu
Spain's bond sale reassures but risk aversion is high - it's time for your FX Fix.
European markets rebound, although euro zone concerns remain. Manufacturing data continues to contract. Meanwhile, Spain finds strong demand for bonds even as yields on the 5-year fall. And the euro hits an 11-month low against the dollar.
Think the euro's had enough of a fall? Think again, this strategist says.
The euro is down 2.6% in just two days - a huge move for a currency - and this strategist sees more weakness ahead. With the euro nosing below the 1.30 level against the dollar, is the worst over?
CNBC's Mandy Drury reports on the third consecutive day in the red for U.S. markets, which have their biggest three-day drop since Thanksgiving week. Investors struggle to shake European concerns, as a stronger dollar slams commodities and energy companies take it on the chin. And First Solar is the biggest loser on the S&P today after it slashes earnings and sees a weak 2012.
Growth worries drag European shares lower as market losses accelerate near the end of the trading day. German Chancellor Angela Merkel again rebuffs pressure for the ECB to intervene decisively. Italy sees a record-high yield of 5.47 percent at a 5-year bond auction. State Street quits as the UK primary dealer. Automakers, miners, and other cyclical stocks are among the day's worst performers. Peter Baum, Essex Manufacturing, talks about the impact of Europe on China with CNBC's Gary Kaminsky. And oil falls along with the euro.
The euro is slumping, British unemployment is soaring, and dollar coins are on their way out - it's time for your FX Fix.
Europe finds a low point even though a short-lived gain follows a successful German bond auction. An Italian auction yield sets new euro-era high at 6.47 percent. Mario Monti speaks in the Italian Parliament today, and says German Chancellor Merkel believed the EU agreement would calm markets. And the euro/dollar hits an 11-month low.
The outlook for the euro is iffy at best, this strategist says - but watch out for positioning risks.