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  • LONDON, Aug 14- The euro hovered near nine-month lows against the dollar on Thursday, hurt by dismal data from Germany and France that cast further doubt over the euro zone's recovery and adds to expectations of more stimulus from the European Central Bank.

  • Market 'overexcited' about BoE rate hike: Pro     Thursday, 14 Aug 2014 | 1:45 AM ET

    Simon Derrick, chief currency strategist at BNY Mellon, says the market was "overexcited" about the prospects of a U.K. rate hike and discusses the price movement of sterling.

  • By Ian Chua and Masayuki Kitano. SYDNEY/ SINGAPORE, Aug 14- Sterling set a fresh four-month low on Thursday, staying on the defensive after the Bank of England surprised investors the previous day by signalling it was in no hurry to raise interest rates.

  • SYDNEY, Aug 14- Sterling languished at four-month lows early on Thursday, having taken the honors of the worst-performing major currency after the Bank of England signaled it was in no hurry to raise interest rates.

  • *Yen subdued after Japan Q2 GDP contraction. NEW YORK, Aug 13- The dollar rose to one-week highs against the yen and inched higher versus the euro on Wednesday, getting support from gains on Wall Street after a relatively quiet day on the geopolitical front. But the dollar soon recovered after that in generally thin trading as Wall Street shares closed higher.

  • Macy's: Harbinger of (still) grim retail sector Wednesday, 13 Aug 2014 | 2:20 PM ET
    Macy's flagship store in Herald Square, New York City.

    There's decent economic data, but a number of companies are still not getting much traction. Macy's is a good example of this.

  • European markets close: Equities rise     Wednesday, 13 Aug 2014 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a rebound for the Greek economy and a wage growth problem in the U.K.

  • FOREX -Dollar trips as U.S. retail sales disappoint Wednesday, 13 Aug 2014 | 10:16 AM ET

    *Yen subdued after Japan Q2 GDP contraction. NEW YORK, Aug 13- The dollar slid against most currencies on Wednesday after data showed U.S. retail sales were flat in July after gains the previous month, reflecting an uneven recovery for the world's largest economy.

  • LONDON, Aug 13- The world's top banks have backed the bulk of recommendations from regulators to reform the setting of the leading global currency benchmark following allegations of market rigging, making changes inevitable.

  • LONDON, Aug 13- Sterling fell on Wednesday after a Bank of England report forecast subdued growth in wages in coming months, leading markets to push back until early next year expectations of when monetary policy will tighten.

  • Signs of China slowdown     Wednesday, 13 Aug 2014 | 6:10 AM ET

    CNBC's Eunice Yoon takes a look at the latest economic data coming out of China as credit growth sees a sharp decline in July.

  • Dollar trips as US retail sales disappoint Wednesday, 13 Aug 2014 | 4:57 AM ET

    The British pound also falls on inflation, wages data, and the yen is subdued after Japan's Q2 GDP contraction.

  • LONDON, Aug 13- Sterling edged up in early European trade on Wednesday as investors trimmed bets against the currency before a Bank of England report, which may give clues on when the UK will start to tighten monetary policy. Sterling edged up 0.1 percent against the dollar to $1.6825, pulling away from a two-month low of $1.6757 struck on Tuesday.

  • Japan pension fund review could set yen on slippery slope Wednesday, 13 Aug 2014 | 2:10 AM ET

    SYDNEY, Aug 13- The yen's steadiness against the U.S. dollar this year could be nearing its end, with Japan's currency likely to weaken should the country's giant public pension fund divert trillions of yen into overseas assets following an investment strategy review.

  • SINGAPORE/ SYDNEY, Aug 13- The yen held steady versus the dollar on Wednesday, showing limited reaction to the widely expected contraction in Japan's economy in April-June, while the euro hovered above the previous day's lows.

  • German morale data adds to evidence of damage from Ukraine. TOKYO, Aug 13- Asian shares struggled on Wednesday after Wall Street snapped a two-day rally with the crisis in Ukraine sapping investor confidence as it threatens a fragile economic recovery in Europe.

  • SYDNEY, Aug 13- The euro nursed only modest losses early on Wednesday, having regained quite a bit of ground as markets got over a closely watched report that showed a slump in German economic sentiment. The common currency last traded at $1.3369, after coming within a whisker of a nine-month trough of $1.3333.

  • NEW YORK, Aug 12- Brent crude oil hit a nine-month low on Tuesday as ample North American production outweighed concern over supply from the Middle East, while stocks and the euro were pressured by plunging investor morale in Germany, Europe's largest economy.

  • European markets close: Germany drops     Tuesday, 12 Aug 2014 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a plunge in German investor confidence and a lift for Greek banks.

  • LONDON, Aug 12- Sterling inched up against the euro on Tuesday after a survey showed investor morale in Germany at its lowest in over 1-1/ 2 years, a further sign that the euro zone recovery is faltering.