NEW YORK, Dec 19- The U.S. dollar hit its highest level against major currencies in over 8-1/ 2 years on Friday on diverging monetary policy between the Federal Reserve and other major central banks, and bullish dollar positions heading into the end of the year. The euro hit a 28- month low against the greenback, while the dollar hovered near a 28- month high against...» Read More
The Bank of Japan meets this Thursday, and more easy-money policies could lie ahead - but this strategist says betting against the yen is a mistake.
The currency markets have been all about Europe all week long. Here's a way to trade the upcoming debt-crisis meetings.
How you can profit from this weekend's EU summit by using currencies, with CNBC's Scott Wapner and the Money in Motion traders. And making money off the yen, as the dollar falls to record levels against it.
The week's top business news and investing advice, including telecom picks and US large caps, with CNBC's Simon Hobbs.
Every snippet of Europe news is moving the markets ahead of the summits. Here's a euro trade for when the knee-jerk reactions subside.
The euro is a credible currency, and the euro zone as a whole has better economic fundamentals than the U.S. and Japan, Jean-Claude Trichet, the outgoing European Central Bank President, told TVN-CNBC in an interview Friday.
"We're in a situation, if you were scripting a disaster movie, you really couldn't build the tension better," one analyst told CNBC.
Canadian inflation rose, the U.K. budget narrowed, but it's all about Europe - time for your FX Fix.
Insight on Europe debt solution's impact on currencies, oil and markets, with Joe Petrowski, Gulf Oil CEO; Peter Yastrow, Yastrow Origer, and Boris Schlossberg, GFT Forex.
Currency markets are hanging on every European headline, so this strategist has a trade in another direction.
The European Central Bank tapped a foreign exchange swap facility with the Federal Reserve earlier this month, borrowing $500 million. In exchange, the ECB puts up collateral of Euros worth slightly more than $500 million. The ECB wants the dollars so it can lend them out to European banks, which have been having trouble borrowing dollars at affordable rates due to fears about their financial health.
Emerging market investors looking to reduce volatility on their returns should combine stocks, bonds and currencies, according to a report by asset management firm Alliance Bernstein, called "An all-encompassing approach to emerging markets".
Readers keep sending in questions about the outlook for the Iraqi dinar. It's cloudy. Really cloudy.
Euro deal guidelines reassure, but in Switzerland, currency strength is hurting - it's time for your FX Fix.
If Europe can just shore up its banks, this strategist sees a potentially major move in risk-on currencies.
Greece has to approve an austerity plan before the "troika" - the IMF, the European Central Bank, and the European Commission - release aid. Here's how to trade the drama.
Summit hopes give risk-on currencies a lift, and there's a prize for a euro exit plan - time for your FX Fix.
Optimism has been a rare commodity in financial markets in 2011, however, institutional investors don’t have the luxury of being able to place their cash under the bed.
The cautious are paying for the profligate, not only by sacrificing their tax money to save banks from collapse but by seeing their savings eroded by negative interest rates.
Think pessimism about the US and commodities is overdone? Here's the trade for you.