LONDON, April 23- The Australian dollar sank almost one percent in value on Wednesday after a lower than expected rise in consumer prices appeared to reduce the chances of higher official interest rates this year.» Read More
Overseas markets ended a four day rally to close down on Friday. CNBC's Julia Chatterley has the latest on European markets.
In Greece, "further economic weakness expected this year, partly driven by the global slowdown, can only make things worse also on the fiscal front," according to economists at Credit Suisse in London.
Dismal news is sending the euro tumbling - but that doesn't mean you should jump in on weakness.
The outlook for the nonfarm payroll report due Friday isn't what it once was. Here's what it might mean for the Fed, and the dollar.
The small bounce in equities on Wall Street should be over and traders would be wise to look at short positions and lock in profits, Riccardo Ronco, technical analyst at Aviate Global told CNBC. European markets meanwhile, were "heading into a full bear market," he added.
The world will still be "paying the piper" for several more years because of the debts that mounted before the global financial crisis, Arnab Das, managing director of Market Research and strategy, at Roubini Global Economics told CNBC.
Brazil slashes interest rates and manufacturing reports disappoint in Europe and Britain — it's time for your Thursday FX Fix.
CNBC's Guy Johnson has the update on overseas markets, and the details on the euro zone's August manufacturing PMI data.
New jobs data will be reported Friday, and investors are guardedly optimistic. Here's how to trade the glass-half-full mood.
Despite your best intentions, some trades inevitably hit their stops - especially in these choppy markets. A MIM reader asked what do...so here's what I found.
The Swiss step back and Fed watchers are busy - time for your Wednesday FX Fix.
When Western Europe is doing well, Central and Eastern Europe is doing better and things are much worse in CEE when countries in Western Europe struggle, Wike Groenenberg, head of CEEMEA strategy at Citi, told CNBC.
On Friday's Money In Motion show, we reviewed a trade I have on down under. Here's an update.
The real safe haven currency is about to stand up, this strategist says.
Recession warnings sting, Italian debt gets no love, and the euro's in a funk.
"I think the focus will be in September when there are announced political protests that are going to be staged by the opposition in Italy. There are some changes ready made to the policies that should improve the fiscal situation but I think until September it will be difficult to say how these policies will go down Marco. Today we are going to see a fairly normal auction," Bardelli managing director at BDG Singapore told CNBC.
"Of course if you have got risk on/risk off trades occurring in the marketplace you're going to get oscillations, equities are going to rise, gold could fall and vice versa," Angus Murray, chief executive at Castlestone Management told CNBC. "I still think though, over a period of five or ten years, you're much better off owning real assets, unleveraged real assets and gold is the easiest one to look at in that area, than say, owning equities. I think you'll get an outperformance in that asset class versus equities as a whole."
Irene may be history, but the hurricane season is still in full swing. Here's how to use currencies to ride the storms.
CNBC's Herb Greenberg has the story on Allen Chen voluntarily resigning amid fraud allegations.
The dollar is set to slide, and Poland's finance minister says the euro's on the edge — it's time for your FX Fix.