The dollar hovered at 11-year highs and could extend gains depending on non-farm payrolls due later in the day.» Read More
Russia's ruble is under renewed pressure after the Central Bank of Russia shocked markets with a rate cut, sending the currency to a 2015 low.
The Swiss franc fell past 1.05 francs per euro for the first time since the Swiss National Bank dumped its 1.20 francs cap.
The bank cut its key rate by two points as the Russian economy slips towards recession due to low oil prices and Western sanctions, reports CNBC's Geoff Cutmore.
The Russian central bank has cut its key rate to 15 percent. CNBC's Geoff Cutmore says this might encourage Russia's public to see that the Russian economy can improve in the future.
Ahead of the Russian Central Bank's rate decision, Simon Quijano-Evans, head of EM research at Commerzbank, says there should be more focus on peace in Eastern Ukraine.
If the Russian Central Bank does cut its key rates, city economists will have "eggs spread liberally all over their faces" says CNBC's Geoff Cutmore, who explains more.
How comments by Russia's Finance Minister could impact the ruble's trade, with CNBC's Geoff Curmore.
Bill O'Neill, head of the UK investment office at UBS Wealth Management talks about Russia's sanctions and debated whether Greece is using the Russia sanctions as "leverage" in term of debt negotiations.
The U.S. dollar inched higher against the yen and was steady to the euro on Thursday after a Federal Reserve statement which.
The dollar rose against a basket of currencies on Wednesday, recouping some of the previous day's sharp losses.
The Swiss franc continued to show volatility as the country's central bank signaled that it had not given up intervening in currency markets.
The euro rose against the dollar before a meeting of the U.S. Federal Reserve that may push back expectations for an interest rate rise.
Luis Costa, head of CEEMEA FX and rates strategy at Citi, says that if oil continues to stay at low levels, it would be a "negative catalyst" for Russia's economy.
The euro regained a foothold in early deals in London, investors choosing to take some profit on two days of steep losses.
The price of the Russian ruble fell sharply against the U.S. dollar Monday after fighting increased in the eastern part of Ukraine.
The euro fell to fresh 11-year lows against the dollar after the ECB said on Thursday it would pump a trillion euros into the euro zone economy.
The euro hit a fresh 11-year low after Draghi announced the launch of an open-ended expanded monthly 60 billion euro bond-buying program.
The currency war is being played like a chess match, but that will eventually change, veteran trader Art Cashin told CNBC.
The yen rebounded against the dollar after the Bank of Japan stood pat on monetary policy.
The dollar hit a one-week high against the yen after China growth data was not as bad as many had feared, curbing demand for the safe-haven Japanese currency.