The euro got off to a cautious start in Asia on Wednesday after Greece became the first advanced economy to ever be in arrears to the IMF.» Read More
The euro strengthened against the U.S. dollar, which was on track to post its biggest one-day loss against the single currency since mid-March.
The U.S. dollar advanced against major currencies after stronger-than-expected data on U.S. manufacturing activity and construction spending.
The dollar was mixed on Friday with month-end selling after a recent rally.
The dollar climbed to a 12-1/2-year high against the yen as investors bet that U.S. interest rates will rise later this year.
The dollar rose against most major currencies on Wednesday, hitting an eight-year peak against the yen.
The dollar rose more than 1 percent, extending recent gains driven by increasing expectations the Fed will start raising rates.
The dollar hit a one-month high against a basket of major currencies after stronger-than-expected underlying U.S. inflation bolstered the Fed's case for a rate hike.
The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report uptick.
One year after Thailand's coup, politics may have stabilized, but investors are cautious amid doubts over when the military junta might relinquish power.
Prinn Panitchpakdi, Thailand Country Head at CLSA, says Thai markets offer opportunities for long-term investors based on historical price-to-earnings and price-to-book valuations.
Prasarn Trairatvorakul, governor of Bank of Thailand, says the current levels of Thai baht is "more in line" with regional currencies.
Thailand's economy continues to stumble even though the central bank has cut rates twice in a row. CNBC asks Prasarn Trairatvorakul, governor of Bank of Thailand, whether he is running out of options.
The U.S. dollar weakened against the euro on Thursday for the first time this week.
The dollar stepped back but held close to a two-week peak as investors focused on the pace of the U.S. Federal Reserve's coming interest rate hikes.
The dollar stepped backbut held close to a two-week peak as investors focused on the pace of the U.S. Federal Reserve's coming interest rate hikes.
The dollar made broad-based gains, recovering some ground after several weeks of selling that brought the greenback to more attractive levels.
The dollar clawed its way higher, recovering from almost four-month lows reached late last week on another surprisingly bad round of U.S. data.
The recently interrupted bull-run in the dollar has weighed heavily on company dividends, with global pay-outs slumping.
Barnabas Gan, analyst at OCBC, says government spending and improved tourist arrivals in Thailand have failed to offset slower growth in private consumption and exports.
Kobsidthi Silpachai, head of Capital Markets Research at Kasikornbank, outlines the weaknesses in Thailand's domestic economy.