The U.S. dollar rose broadly on Thursday after the Federal Reserve signaled it would begin to dial down stimulus this year as the economic outlook improves.» Read More
The yen fell against the dollar and the euro as global stocks rebounded, but the Japanese currency may stay near two-month highs until investors get more clarity on the Federal Reserve's ultra-loose policy.
The yen rose against the U.S. dollar on Friday for a fourth straight day as investors unwound bets against the Japanese currency due to uncertainty surrounding central banks.
Lee Hardman, currency analyst at Bank of Tokyo-Mitsubishi UFJ, discusses the USD ahead of the FOMC meeting and says the USD/JPY correction is now "close to complete".
The yen rose against the dollar to levels not seen since the Bank of Japan unleashed its aggressive stimulus in early April.
The dollar recovered lost ground against the yen on Wednesday after a sharp sell-off the previous day as investors sought to buy at cheaper levels.
The yen soared on Tuesday after the Bank of Japan decided not to announce additional measures to curb recent volatility in the bond market.
The dollar rose sharply versus the yen on Monday, bolstered by stronger-than-forecast Japanese data and a Standard & Poor's upgrade to the credit outlook for the United States.
Max Knudsen, chief market strategist at ADS Securities, explains with charts why he is positive on both the USD/JPY and GBP/USD for now.
The dollar recovered on Friday from steep losses in the previous session after a government report showed a reasonably healthy pace of U.S. job creation in May.
The dollar fell sharply against the yen and euro on Thursday, hitting levels not seen in months, as investors fretted that upcoming U.S. jobs data would disappoint.
CNBC's Rick Santelli and Mark Grant of Southwest Securities talk about how the ECB's rate policy is impacting the euro, and what's behind the rally in the pound.
The Bank of England voted to keep benchmark interest rates unchanged at 0.5 percent, at Mervyn King's final policy meeting as Governor.
Geoffrey Yu, FX strategist at UBS, says the British pound is being "supported" and that it's likely to continue to underperform against the dollar but that EUR/GBP may have some more downside.
The dollar weakened against most currencies on Wednesday after a report showed hiring in the U.S. private sector fell short of expectations last month.
Steven Saywell, European head of FX strategy at BNP Paribas, discusses sterling following better-than-expected services PMI and whether central bank stimulus has peaked in the U.K.
The dollar recovered against the yen on Tuesday as investors sought to take advantage of the previous day's cheapening to buy back the U.S. currency.
Richard Perry, chief market strategist at Central Markets, discusses the U.S. dollar ahead of Friday's jobs report, and says he expects pressure on the EUR/USD trade to continue in the long-term.
The dollar plunged against a broad swath of currencies on Monday as weak U.S. manufacturing data curbed expectations that the Fed will rein in its bond purchases soon.
The dollar rose Friday and was headed for its eighth straight month of gains against the yen on robust U.S. economic data.
David Kern, chief economist at the British Chambers of Commerce, tells CNBC why the worst thing, incoming Bank of England governor, Mark Carney can do is more quantitative easing.