*Others want European Central Bank to act. Some of Europe's largest companies including Danone, SAP AG and L'Oreal have posted buoyant first-quarter sales volumes in the past week thanks largely to strong demand in emerging markets such as Brazil and in North America.» Read More
"As far as I can see, this deal is specifically aimed at providing support for companies that have suffered through the strength of the yen. That seems a far more sensible thing to do then actually try and take on the strength of the yen itself," Simon Derrick, chief currency strategist at BNY Mellon, told CNBC.
On July 21, EU leaders agreed to a second bailout for Greece, one that was supposed to draw a line under the euro zone debt crisis and give the new government in Athens a chance come to grips with the huge debts it inherited when it was elected. One month later, and the situation appears to be getting worse rather than better, according to Simon Derrick, the head of currency research at Bank of New York Mellon.
"I think the German PMI announcement will have an impact on spread widening, because investors will see it as an indication that the world is slowing, Germany is slowing, and in general, risk is increasing," Adrian Schmidt, FX strategist at Lloyds Bank Corporate Markets, told CNBC.
"For the Swiss franc to look like an attractive funding currency again when it is in competition with so many other currencies at the moment we would need to see....direct intervention on the part of the Swiss National Bank," Adam Cole, head of currency strategy, RBC. He added that he did not expect much in the way of dovish comments from Fed chairman Ben Bernanke when he speaks on Friday.
Reading Fedspeak has never been easy, but these tips might help you weigh the odds of another round of pain for the dollar - er, quantitative easing.
Francisco Solar, Senior Dealer at Easy Forex, Asia Pacific says QE3 would boost investor sentiment.
Web-only advice and information for currency traders, with CNBC's Melissa Lee and the Money In Motion traders.
The traders take viewer calls, with CNBC's Melissa Lee and the Money In Motion traders.
A look at a currency trade on the Norwegian krone Rebecca Patterson put on a month ago, with CNBC's Melissa Lee and the Money In Motion traders.
Contributor Andy Busch looks at the economic situation in Europe and discusses what to buy and sell, with CNBC's Melissa Lee and the Money In Motion traders.
Which economy is worse, the U.S. or Europe, with CNBC's Melissa Lee and the Money in Motion traders. Also, the currency trade behind a global slowdown, and the yen reaches a post-war record vs. the dollar. And an interview with Princeton professor Alan Blinder.
It takes a strong stomach to navigate the currency markets this week. If you can handle the stress, here's a trade for you.
CNBC's Guy Johnson reports on today's Euro market activity.
Investors are looking for any safe haven in a storm — it's time for your FX Fix.
The “Euro bond” solution to the euro zone’s sovereign debt problems appears to be an idea whose time has come, Moorad Choudhry writes.
Euan McCreadie, Senior Corporate Dealer at OzForex gives his outlook on the forex markets.
CNBC's Guy Johnson with the latest details on European markets.
CNBC's Patricia Szarvas reports on today's sell-off in European markets.
Even as France and Germany were proposing new euro zone reforms, Finland was inking its own deal with Greece. Now others want in.
CNBC's Guy Johnson takes a look at the sharp drop in European markets.