*Many markets closed around the region, as well as London, U.S. Markets are closed in other key countries around the region, including Australia, Singapore, Hong Kong and South Korea, and will be closed later in London and New York. There were some guys taking profits in the dollar-yen this week, but most people seem happy to be caught long, "said Kaneo Ogino, director at...» Read More
Link to the U.S. dollar is forcing Hong Kong to import ultra-loose monetary policy amid soaring property prices, but the alternatives also carry risks. The Financial Times reports.
A milestone of sorts was reached this month when the dollar hit a multiyear low on a trade-weighted basis and set record lows against Asian currencies. As a result, Hong Kong citizens are increasingly turning their backs on the US dollar and momentum to reject the dollar peg is developing. The Financial Times reports.
Some analysts believe the euro could be heading to a new lower range, as Europe grapples with its peripheral debt crisis.
With all the action on the Continent, the British pound has been out of the spotlight. It's time for a look — and you might not like it.
The Swiss National Bank is putting the kibosh on the franc's safe haven status, and investors are turning to Norway instead. But it could be too much too fast.
Central banks go easy and the Australian jobs report disappoints - it's time for your FX Fix.
There are plenty of officials who would argue there is no possibility of Greece being excluded from the euro zone in the event of a bankruptcy, writes BNY Mellon's Simon Derrick.
It's not enough that the German court gave mixed signals to the euro. Now the technical patterns aren't looking so good either.
The Swiss National Bank and the German courts have changed the outlook for the euro - but it's still cloudy.
The Swiss 'peg' is mostly holding as traders hunt for alternatives — it's time for your FX Fix.
The Swiss central bank's decision to set a limit on how much the Swiss franc can appreciate against the euro is "a huge mistake," investor Jim Rogers, chairman of Rogers Holdings, told CNBC.com on Wednesday.
With the Swiss franc tumbling after the central bank's intervention, you need a Plan B for a safe haven. Here's a ranking of your options.
Given the Swiss National Bank's pegging or linking their currency to the EUR at 1.2000 (+10% from spot), the market is now starting to believe there is a possibility that the Bank of Japan will do something similar with the Japanese yen.
On Wednesday, investors will wait with bated breath for news from Germany again, where the Federal Constitutional Court has the power to make or break the fate of the euro zone.
The Swiss National Bank strikes back and European officials talk togetherness - it's time for your FX Fix.
Speaking of the SNB's decision to peg the Swiss Franc to the Euro, Julia Coronado, North America chief economist at BNP Paribas, told CNBC, "There are a lot of tensions in the currency world right now, and as we have seen, it is not always easy to effectively have control over that."
Greater fiscal and political union is needed in Europe, and will be discussed by euro zone leaders within months, Joaquin Almunia, EU Competition Commissioner, told CNBC Saturday.
The Italian government is still wrangling over how best to balance its budget, losing credibility with key leaders and opinion formers.
The Swiss central bank has started to buy French and German government debt from the markets to try to bring the Swiss franc down, Dow Jones newswire wrote on Saturday, quoting a report by German newspaper Frankfurter Allgemeine Zeitung.
This week's European Central Bank meeting will show whether the ECB can save the global economy. Here's how to get ready.