NEW YORK, Dec 19- The U.S. dollar hit its highest level against major currencies in over 8-1/ 2 years on Friday on diverging monetary policy between the Federal Reserve and other major central banks, and bullish dollar positions heading into the end of the year. The euro hit a 28- month low against the greenback, while the dollar hovered near a 28- month high against...» Read More
Those fearing the effects of Greece’s parlous economic state on the euro shouldn’t worry as long as the currency has support from China, according to a currency analyst.
A lot of downward pressure on the dollar is easing off. Here's why — and what you should do.
Asian investor appetite is boosting the euro and sending kiwis skyward. Time for your FX Fix.
Think a Greek debt restructuring can be avoided? This pro says no - and he's not even sure the euro zone should hold together.
The policy of no default, no change to euro membership and providing a bailout fund has not worked, writes Moorad Choudhry, Head of Business Treasury, Global Banking & Markets, Royal Bank of Scotland.
European debt worries go well beyond the Continent, and U.S. durable goods dent the dollar. Your FX Fix, right here.
For years America has warned, lectured and cajoled the Chinese to allow the yuan to rise in a bid to end the fiscal imbalances that have seen more and more US debt sit in the People’s Bank of China's vaults.
The developing world is losing momentum and the risk is that this transfers to a loss of earnings momentum for the big internationals in the leading indices like the S&P 500, the DJ Euro Stoxx and the FTSE 100.
With risk appetite waning, here's what one trader sees for Asian currencies. Hint: it's not what you think.
The bad news just keeps coming for the euro, and it's taken a tumble in the last week. Here's how to trade it now.
Firming commodity prices are lifting commodity currencies, but rumors are sinking the British pound— time for your FX Fix.
John Lipsky, acting managing director of the International Monetary Fund, told CNBC Monday he will be retiring Aug. 31 when his term as first deputy ends.
On last Friday's Money In Motion, I recommended a trade on the euro. Here's an update.
How unloved is the euro? Even Iceland is spewing the single currency. Time for your FX Fix.
In the face of an unwavering adherence by the US to highly accommodative policies, China is faced with the prospect of recycling its ever growing FX reserves into nations or regions that it probably has fundamental fiscal concerns about.
Are you itching to try your hand at trading the euro, given all the news about sovereign debt risk and upheaval at the IMF?
Greece creeps closer to default. Is there a currency trade behind the country's woes, with CNBC's Melissa Lee and the Money In Motion traders. Also, cold cash and hot commodities--using currencies to play the recent pullback in commodities, with Dennis Gartman, The Gartman Letter.
The euro had a nice run this week - but investors are turning on it today, and this pro thinks there is more to come.
The dollar is jumping against the euro, but the loonie is losing altitude — it's time for your Friday FX Fix.
We missed the entry point on the trade I proposed yesterday, but there could be another chance before Memorial Day.