NEW YORK, Oct 1- The dollar pulled back from six-year highs against the yen to trade little changed on Wednesday, weighed down by a drop in U.S. Investors also booked profits on long U.S. dollar positions ahead of key event risks- the European Central Bank's monetary policy meeting on Thursday and Friday's U.S. non-farm payrolls report.» Read More
Sure, the dollar has been weakening against all kinds of currencies. But to get a sense of just how far it has fallen, check out this analysis.
The euro is hitting new highs, a group of developing countries are tired of the dollar, and the yen is having another bad day — it's time for your FX Fix.
Risk-on has been investors' favored approach to currencies for several weeks now. But one top strategist says the time for risky business is ending.
Euro traders wonder how far eurozone debt problems will spread, and everyone worries about Japan's nuclear catastrophe — it's time for your Terrible Tuesday FX Fix.
Now that Portugal has capitulated and asked for financial assistance, traders are fixated on the potential for its problems to spread.
A new report from the Bank for International Settlements suggests that nearly all reserve currencies may be poised to depreciate.
The kiwi has risen sharply against the U.S. dollar in the last two weeks. But that won't last, this strategist says.
With just hours to go before the federal government could shut down, here's how to trade this very unusual event risk.
The plot thickens even more this weekend as European finance ministers meet to work out the terms of a rescue plan for Portugal. Brian Kelly, Kanundrum Capital, tells viewers why the Euro contagion was contained, with CNBC's Melissa Lee and the Money In Motion traders.
The currency markets have never been hotter as world headlines create opportunities everywhere. Also, what's the trade if the government shutdown is avoided, with CNBC's Melissa Lee and the Money In Motion traders.
A weekly look at currency trading and how to profit from it, with CNBC's Melissa Lee and the Money In Motion traders.
Emerging market central banks keep trying to keep their currencies down, but it's a fight they can't win.
Asian central banks are intervening to stem their currencies' rise, but risk-on investors are not deterred. Get your daily FX Fix right here.
What Mervyn King, governor of the Bank of England, called the Nice (“non-inflationary, consistently expansionary”) decade has vanished. In its place, we see what I would now call the Nasty (“nightmare of austere and stagflationary years”), the Financial Times reports.
Just because the European Central Bank raised interest rates today to stave off inflation, don't expect the Fed to take a similar tack with U.S. rates, these strategists say.
The euro is overvalued despite the European Central Bank's rate hike, and the yen is rich as well, this strategist says.
Portugal throws in the towel, the Bank of England holds steady, and the European Central Bank tightens its purse strings — it's time for your Eurocentric FX Fix.
Portugal has finally gone cap in hand to the European Union, the European Central Bank is about to raise rates and the market is obsessed by Fed speak and looking for clues on when the second round of creating money — or quantitative easing — will come to an end.
"Monetary policymaking is a notoriously difficult art. I say 'art' rather than 'science' deliberately," Dr Moorad Choudhry, Head of Business Treasury, Global Banking & Markets at Royal Bank of Scotland writes.
Traders are so certain the European Central Bank will raise interest rates tomorrow that any indication of dovishness will hurt the euro, this strategist says.