NEW YORK, Dec 6- The dollar rallied against the yen on Friday after stronger-than-expected U.S. jobs data raised chances the Federal Reserve may start paring its bond buying program sooner than expected. U.S. employers added 203,000 new jobs in November, exceeding expectations, and the jobless rate fell to a five-year low of 7.0 percent, the Labor Department said.» Read More
Less than 24 hours before Thursday's European Central Bank meeting, traders appear to be banking on hawkish comments from President Jean-Claude Trichet. But the outlook for the currency after that is considerably less certain.
With investors focused more on monetary policy than economic growth, the U.S. dollar is suffering. And absent a major crisis that sends investors scurrying for safety, there may be more weakness by the end of the year, say currency strategists.
If you want to trade currencies on your own for a living, you'd better be prepared to keep some weird hours - and watch out for tumbling New Zealand kiwis. Here's your daily FX Fix.
The hawkishness of the European Central Bank makes the euro a better buy than the Swiss franc, says UBS's Amelia Bourdeau.
Emerging-market Asian currencies were on a tear in 2010, but sentiment has shifted dramatically this year. Citi's Johanna Chua explains why the negativism is overdone in some cases, and where currency investors could do well now.
It's a Europe day: the pound and the euro are moving higher, and the dollar is slipping. Again. Here's your daily FX Fix.
Tough talk from interest-rate hawks has sent the krona sharply higher. How much further can it go?
This is a great time to take fewer forex risks, says an FX strategist for Standard Chartered, and that's good news for traditional safe havens.
The dollar is continuing its slide and euro buyers are emerging, drawn by hopes for relatively attractive yields - but how long before Portugal needs a bailout? Your daily FX Fix, right here.
The Peruvian currency has room to rise if the government would just let it happen, says Bank of America Merrill Lynch's David Beker.
Switzerland spells safety - for now - and the European Central Bank is scolding political leaders. Here's your daily FX Fix.
With Muammar Gaddafi vowing to die a martyr or crush a growing revolt in Libya, one academic has warned that the North African state risks becoming a failed state with huge consequences for Europe and the world.
With oil prices rising sharply on the back of the crisis in Libya, the head of the International Energy Agency has warned crude prices hitting $100 a barrel could be bad news for economic growth.
Saudi Arabia will not allow any supply disruptions from the Middle East to impact global supplies of oil, the oil-rich country's deputy oil minister told CNBC Tuesday.
"Higher oil is by definition going to be a drag on spending and the economy and the uncertainty the middle-east crisis is creating is bad news for sentiment," Simon Derrick, head of currency research at BNY Mellon, said.
Tracking the ups and downs of the euro debate is a little wearying. Policy decisions are postponed, inflation hawks suddenly turn dovish, Germany sends conflicting signals on helping (or not helping) weaker neighbors…you get the picture.
Fed Chairman Ben Bernanke appears before the House Budget Committee Wednesday, in what promises to be one of the two most widely watched events of the trading day.
The mantra on the lips of many Japanese chief executives these days is “overseas expansion”. With a shrinking domestic market due to a rapidly deteriorating demographic profile, they are keen to find new opportunities abroad. The FT reports.
Two Japanese shipbuilders have called for urgent government action to tackle what they say is the unfair advantage enjoyed by South Korean rivals from an artificially cheap currency. The FT reports.
Rising interest rates and commodities prices could easily turn from tail winds to head winds for stocks.