NEW YORK, Aug 1- The U.S. dollar dipped against a basket of major currencies on Friday after the U.S. government's July employment report showed no signs of wage inflation, supporting a continued dovish stance from the Federal Reserve.» Read More
The currency markets have never been hotter as world headlines create opportunities everywhere. Also, what's the trade if the government shutdown is avoided, with CNBC's Melissa Lee and the Money In Motion traders.
A weekly look at currency trading and how to profit from it, with CNBC's Melissa Lee and the Money In Motion traders.
Emerging market central banks keep trying to keep their currencies down, but it's a fight they can't win.
The sentiment that there will always be another bailout in Europe is rapidly coming to an end, reports CNBC's Guy Johnson.
Asian central banks are intervening to stem their currencies' rise, but risk-on investors are not deterred. Get your daily FX Fix right here.
Former Gov. Jim Gilmore (R-Va.) and former Governor Ed Rendell (D-Pa.) discuss the budget debate currently holding up a spending bill in Washington. Rendell says social issues are holding up the agreement. Gilmore says Democrats are just playing the blame game.
What Mervyn King, governor of the Bank of England, called the Nice (“non-inflationary, consistently expansionary”) decade has vanished. In its place, we see what I would now call the Nasty (“nightmare of austere and stagflationary years”), the Financial Times reports.
Just because the European Central Bank raised interest rates today to stave off inflation, don't expect the Fed to take a similar tack with U.S. rates, these strategists say.
The euro is overvalued despite the European Central Bank's rate hike, and the yen is rich as well, this strategist says.
Portugal throws in the towel, the Bank of England holds steady, and the European Central Bank tightens its purse strings — it's time for your Eurocentric FX Fix.
Portugal has finally gone cap in hand to the European Union, the European Central Bank is about to raise rates and the market is obsessed by Fed speak and looking for clues on when the second round of creating money — or quantitative easing — will come to an end.
"Monetary policymaking is a notoriously difficult art. I say 'art' rather than 'science' deliberately," Dr Moorad Choudhry, Head of Business Treasury, Global Banking & Markets at Royal Bank of Scotland writes.
Traders are so certain the European Central Bank will raise interest rates tomorrow that any indication of dovishness will hurt the euro, this strategist says.
A federal government shutdown might not dent the dollar too badly, especially if it's short. But when the debt-ceiling debate rolls around, watch out.
The yen is continuing its slide as the Bank of Japan meets, but an expected European Central Bank action is having the opposite effect. Time for your daily FX Fix.
The US economy is on a firmer footing, but high unemployment and still low inflation warrant continuing support, according to minutes from the Fed's latest meeting which showed clear divisions among the Federal Open Market Committee (FOMC) members on exit strategy.
High Street retailers are dealing with the same pressures as their US counterparts and more.
The euro has been trading as if there is no such thing as a sovereign debt crisis, and that decoupling is overdone, this strategist says.
Traders are wondering how much more room the euro has to rise, and trade-deficit numbers are hitting the Australian dollar — it's time for your FX Fix.
The Australian dollar has been on a tear, and many investors and strategist are still bullish - but a few experts are sounding cautionary notes.