Brent crude oil futures were marginally positive on Wednesday as traders speculated a last-minute deal over Iran's nuclear program would be reached.» Read More
The euro extended gains against the dollar after surprisingly weak February retail sales data, recovering from an earlier 12-year low in Asian trade.
The euro extended its unrelenting fall, dropping 1 percent to below $1.06 for the first time in 12 years as the ECB's QE program hammered bond yields.
The euro fell on Thursday below $1.10 for the first time since 2003 and the U.S. dollar added to gains.
The dollar softened on Tuesday after touching an 11-year high against major currencies.
A New York banking regulator's probe of Barclays' forex business is holding up a settlement of currency rate-rigging allegations, the FT reports.
Flush with cash from the Bank of Japan's stimulus effort, lenders will keep on financing Japan Inc's expensive overseas acquisitions,analysts say.
Shunto, the "spring offensive" by Japan's trade unions, is making a comeback on behalf of Japanese workers asking for a pay raise, the FT reports.
A jump in homebuilder Kaisa's debt levels has left investors worried that leverage at other Chinese developers could be much higher than estimated.
French PM Manuel Valls declared he would ram a flagship economic reform bill through parliament by decree, exposing his government to a no-confidence vote.
A BNP Paribas credit trader died while hiking in extreme cold over the holiday weekend in the mountains of New Hampshire.
The dollar hit a fresh one-month high versus the yen on Wednesday, while uncertainty over a new debt deal for Greece kept the euro under a cloud.
Oil rose on Thursday after China took steps to pour liquidity into the world's second-biggest economy.
Lars Machenil, CFO of BNP Paribas, stressed that the company has good operating profit.
Lars Machenil, CFO of BNP Paribas, says there are tailwinds such as "lackluster" European growth and headwinds such as the low euro.
Japanese banks are being helped by stimulus efforts, but analysts warn that weak demand and stiff competition drive mortgage rates to record lows.
US crude closed oil nearly 3 percent, rebounding from falls in the previous session as more energy firms cut investments and the dollar weakened.
BOJ's asset purchase program has put Japan's government bond yields on a relentless slide, dividing opinions on a trend reversal or further slides.
Brent spiked above $50 on Wednesday, before paring gains on a strengthening dollar and global economic woes.
Switzerland's franc soared by almost 30 percent in value against the euro after the Swiss National Bank abandoned its three-year old cap.
The dollar fell against the yen following after newly released data showed retail sales fell 0.9 percent, its biggest drop since January 2014.