*Fed's Yellen seen as more balanced in her Jackson Hole speech. NEW YORK, Aug 22- The dollar rose to its highest in more than 11 months against a basket of currencies on Friday after Federal Reserve Chair Janet Yellen came out more balanced than expected on her views about the U.S. economy and monetary policy in remarks to central bankers.» Read More
Financial stocks are under pressure this morning on worries of a transaction tax.. A check on European market action and where the euro is headed, with CNBC's Julia Chatterley.
Despite what happens in the eurozone, the euro still traded up. CNBC's Louisa Bojesen reports on the latest market activities overseas.
"Everything (Merkel and Sarkozy) talked about has been in place since 1999. This is a play for the gallery to buy more time," Steen Jakobsen, chief investment officer at Saxo Bank, told CNBC in a discussion on the meeting between the French and German leaders on Tuesday.
"It has been only Germany in the driving seat for a long time. Now it seems as if the balance of power is shifting a little bit towards the rest of the European countries," John Hydeskov, senior analyst at Danske Bank, told CNBC.
The Swiss franc is sliding on worries it will be pegged to the euro. But whether a peg is really feasible is unclear.
Debating the direction of global markets and where investors can find the best investment opportunities, with John Brynjolfsson, Armored Wolf, and George Greig, William Blair International Growth Fund.
Euro zone countries pledged in July to obtain parliamentary approval for key Stability Fund powers. It's taking a dangerously long time for the markets.
Stocks are poised to open sharply lower on worries over Europe's debt crisis, with the "Squawk on the Street" team.
German growth disappoints, British inflation rolls on, and Sarkozy and Merkel are set to meet - time for your FX Fix.
The euro's prospects right now aren't bad, but the longer term outlook is a lot less rosy, this strategist says.
European shares drop ahead of the Merkel-Sarkozy meeting Tuesday, with CNBC's Ross Westgate.
Kevin Ferry, Cronus Futures Management, explains why the currencies are back in the center stage Tuesday. "The Swiss our facing a difficult situation with their own interest rates," he adds.
When President Nixon went on his visit to China in 1972, he wouldn't have predicted that within 40 years the country would be urging the U.S. to adopt a more responsible fiscal policy.
Timothy Connors, Director of Sales, Asia Pacific at Western Union Business Solutions shares his views on the forex markets.
"The markets are exhausted by the Euro zone debt crisis," Nick Beecroft, senior markets consultant at Saxo Bank, told CNBC. He added that the risk-off enviornment would return.
After the week just past, recession talk is on the rise. Here's how to trade a double dip, or a muddle through, using currencies.
The Swiss franc slumps, the yen powers on, and George Soros has some suggestions - time for your FX Fix.
In a week like the one just ended, it's worth giving up some pleasure to avoid more pain, these strategists say.
Web-only advice and information for currency traders, with CNBC's Melissa Lee and the Money In Motion traders.
Discussing Italy's new austerity plan, and whether there is a double-dip to dunk the dollar, with CNBC's Melissa Lee and the Money in Motion traders.