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.» Read More
The Norwegian crown sank to its weakest in more than a decade against the U.S. dollar on Friday, a day after Norway's central bank cut rates.
is China poised to become the dominate economic global player? CNBC's Michelle Caruso-Cabrera reports on China's outlook and takes a look at Russia's prospects.
The dollar was boosted by strong U.S. retail sales numbers and declining jobless claims, suggesting the US economy may get a rate hike next year.
With Russia's central bank raising its key interest rate to 10.5 percent to protect the ruble, Boris Schlossberg, managing director at BK Asset Management, says it shows they're very fearful of capital outflows.
With Norway and Russia's central banks trying to protect their currencies, Nick Carn, founder of Carn Macro Advisors, discusses why Norway is easing whilst Russia is expected to tighten its policy measures.
Russia's Prime Minister Dmitry Medvedev discusses the possibility of a budget review in 2015, and how western sanctions are impacting the economy.
The euro edged higher against the dollar, but investors remained nervous over an uncertain political situation in Greece.
With the Russian ruble facing an uncertain future, Timothy Ash, head of EM Research at Standard Bank says that if changes aren't made, the currency will continue to see "downside pressure".
The yen rose strongly on Tuesday as a further drop in oil prices hit risk appetite.
Investors consolidated gains made following a strong U.S. jobs report that is expected to trigger an interest rate increase next year.
The U.S. dollar reached fresh multiyear highs on Friday after a stronger-than-forecast November U.S. jobs report.
Oil prices are dropping and Russia is playing defense. What will Vladimir Putin do next? David Gordon, International Capital Strategies, shares his outlook on Russia's economic future.
The euro rebounded from a more than two-year low against the dollar on Thursday.
Insight to Russian President Vladimir Putin's speech to the Parliament, in which he remarked on the relationship between Russia and the U.S., with Angela Stent, Georgetown Professor, and John Browne, Euro Pacific Capital.
Russians are rushing to buy high-end, U.S.-made items like cars before prices in their native rubles spike.
Russian President Vladimir Putin gave his annual speech to the Parliament. CNBC's Dina Gusovsky provides insight to Putin's view of the economic impact from sanctions.
Putin blames everyone else for Russia's problems, including speculators and the West in general, says Timothy Ash, head of emerging markets research at Standard Bank.
Russian Prime Minister Vladimir Putin was like a "bear in a corner" when he was discussing the West's sanctions on Russia, says CNBC's Hadley Gamble. Putin said Russia would respect Ukraine as a "brotherly country".
The geopolitical tensions from the crisis in Ukraine is "taking a toll" on both Russia and Ukraine's economy says Moritz Kraemer, sovereign chief ratings officer at Standard & Poor's.
The U.S. dollar demonstrated broad-based strength on Wednesday, bolstered by more upbeat comments on the U.S. economy