The euro held on to gains aftr surging against the dollar as the initial shock of seeing Greece heading for a debt default eased slightly.» Read More
Ongoing Greek debt talks sidelined currency investors, demonstrating their unwillingness to take bold positions as deadlines for a deal come and go.
The dollar pared earlier losses on Wednesday after edging lower while U.S. 10-year Treasury yields dipped.
The U.S. dollar rose on Tuesday, underpinned by rising U.S. Treasury yields and prospects for interest rate increases.
The euro was mixed on Monday as a new cash-for-reforms offer from Greece raised hopes a tangible deal is taking shape.
The euro fell against other major currencies, weighed down by anxieties that Greece may soon default on debts.
Since mid-2014, there is a significant shift towards domestic travel among Russians as the ruble starts to see extreme fluctuations, says Murad Sofizade, co-founder & COO of TravelTipz.ru.
The dollar declined, with weaker-than-forecast US consumer inflation data making traders even more uncertain about when the Fed will hike rates.
Elvira Nabiullina, governor of the Central Bank of Russia, tells CNBC they are targeting the rate of inflation, rather than a specific level for the ruble.
The euro rose on Wednesday shortly after the U.S. Federal Reserve left its benchmark interest rates unchanged.
The euro was held hostage by the crisis in Greece while the dollar held firm after solid U.S. housing data bolstered the case for the Fed rate hike.
The euro erased losses on Monday after the Sunday failed debt talks between Greece and its creditors.
The Russian Central Bank has cut its key interest rate by 100 basis points to 11.5 percent.
Tatiana Orlova, senior economist of Russia, CIS and Israel at RBS, gives her predictions ahead of the Russian central bank rate decision today.
The euro rebounded against the dollar as Greece said it is getting closer to a deal on its debt.
The euro weakened after the IMF pulled out of debt talks with Greece while the dollar clung to modest gains on Friday.
The dollar slipped to two-week lows against the yen on Wednesday after Japan's chief central banker said the yen was "very weak."
Simon Fentham-Fletcher, CIO of Freedom Asset Management Limited, tells CNBC that there is significant investment opportunities in Russia.
The dollar inched ahead on Tuesday, eroding its previous session's loss, helped by a rise in U.S. bond yields.
The dollar dropped 1.5 percent against the euro and slipped from 13-year highs against the Japanese yen on Monday.
The dollar rallied to a 13-year peak against the yen and rose sharply against the euro.