Robert Rennie, Global Head of FX Strategy at Westpac Bank, discusses how data over the weekend, namely lower-than-expected U.S. GDP and Chinese factory activity, are impacting global currencies.» Read More
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.
SYDNEY/ TOKYO, Jan 30- Commodity currencies nursed hefty losses on Friday, as investors sent the Australian dollar to 5 1/ 2 year lows as they bet on the Australian central bank reducing interest rates when it meets next week. While currencies from energy and resource producing countries, such as Canada and Australia, struggled under the weight of falling energy...
Dominic Bunning, FX Strategist at HSBC, outlines his expectations for the first rate hike in the U.S. and explains what that means for the greenback. He also discusses the Aussie dollar's outlook.
SYDNEY, Jan 30- Dollar-bloc currencies nursed hefty losses early on Friday, following a selloff that saw the Australian dollar slump to its lowest in over five years as investors wagered on an interest rate cut by the Reserve Bank of Australia. "The AUD's fall over the past 24 hours has been nothing short of stunning," said Raiko Shareef, currency strategist at Bank...
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.
HONG KONG, Jan 28- China's yuan broke into the top five as a world payment currency in November, overtaking the Canadian dollar and the Australian dollar, global transaction services organisation SWIFT said on Wednesday. The rise of various offshore yuan clearing centres around the world, including eight new agreements signed with the People's Bank of China...
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.
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.
Commodity currencies may face a race to the bottom as the Bank of Canada's surprise rate cut may pressure Australia's central bank to follow suit.
The yen rebounded against the dollar after the Bank of Japan stood pat on monetary policy.
Times are tough for Australia's junior miners as plunging iron ore prices squeeze them out of the market, but oil's decline may provide respite.
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.
The European Central Bank could take its boldest steps yet to revive the euro zone's moribund economy.
Dennis Gartman, along with Deutsche Bank's David Bianco, talk about who is hurt by the Swiss central bank's move.