The euro rose for a seventh straight session against the dollar on Wednesday, driven by a combination of higher money market rates and a growing belief that the European Central Bank will keep interest rates low for some time but not cut them.» Read More
The yen rallied to a new all-time high against the dollar as traders speculated G-7 central bankers may be getting ready to intervene to drive the currency lower.
Traders have started souring on some emerging market currencies this week, and the fun may just be starting.
The yen hit a four-month high against the dollar, and Bahrain's central bank is on the move — it's time for your FX Fix.
Jean Monnet, the father of European integration, once remarked that “Europe will be forged in crises, and will be the sum of the solutions adopted in crises.”
Did euro area policymakers finally pull a real live rabbit out of the hat? The headlines from Friday's summit are certainly impressive, advancing much quicker than expected and delivering the surprise of allowing the EFSF to intervene in the primary debt markets.
Markets will stay sensitive to any developments with Japan's unfolding nuclear crisis or from Middle East trouble spots, and that could once more weigh on risk assets.
As investors have rushed to safe-haven currencies, the Canadian and Australian dollars have been hit hard - maybe too hard.
Nouriel Roubini, the New York University economist who gained renown for predicting the financial crisis, sees dark days ahead for the yen.
It's a bad day to hold a risky currency, but anyone with Swiss francs, or even yen, is sitting pretty right now. It's time for your FX Fix.
Cuba has devalued its hard-currency peso by eight percent. Tourists, come on down!
Federal Reserve Chairman Ben Bernanke is unlikely to drop a bombshell in the markets like his counterpart at the European Central Bank did when he pre-announced a rate rise, ING chief international economist Rob Carnell wrote in a market note.
Oil prices are driven by a supply shock rather than increased demand due to a stronger world economy, so investors in currencies look to "risk" rather than "macro" factors, David Bloom, global head of foreign exchange research at HSBC, wrote in a market note.
Worried about the outlook for the stock market? Here's a counterintuitive trade to help you hedge.
After sinking initially on reports of the massive quake, the yen rallied strongly. Here's how you can trade it now.
Debt crisis? What debt crisis? The EU leaders want to work on their competitiveness pact at their March 11 meetup. Expect the euro to continue slipping.
Thanks to higher oil prices and a gradually improving U.S. economic outlook, the Canadian dollar is riding high.
China's inflexibility on exchange rates makes it hard to fix trade imbalances, says a senior Treasury official. Even worse, China's tempting neighboring countries to follow suit.
The dollar has further to fall, says David Skarica, author of "THE GREAT SUPER CYCLE: Profit from the Coming Inflation Tidal Wave and Dollar Devaluation." But the long-term outlook for the yen is rosier - and there is China.
Perhaps the greatest mystery in the world of finance and economics is why Fed Chairman Ben Bernanke refuses to acknowledge that paper money creation by central banks produced the “global savings glut.”
Investors should be cautious and not just "buy the market"; many companies perform better in changing and changed economic circumstances and therefore as the sugar rush initiated in the first quarter of 2009 fades, this is the discipline that investors should once more return to.