*China PMI up next as Japan enjoys Golden Week holiday. SYDNEY, May 4- The dollar clung onto tenuous gains early on Monday, having staged a modest rebound late last week as sellers set their sights on sterling after disappointing UK data. A YouGov opinion poll for the Sun newspaper published on Sunday showed Prime Minister David Cameron's Conservative Party had a...» Read More
The yen tumbled 2 percent against the dollar to hit a 2 1/2-year low on Thursday after a Japanese official said the government has no problem with the dollar hitting 100 yen.
European shares closed higher Thursday, with the market taking direction from an opening rise on Wall Street where the S&P 500 hit the 1,500 mark for the first time since December 2007.
The borrowing terms and conditions that were imposed on Ireland after it applied for financial aid were unfair according to Irish Prime Minister Enda Kenny, as the country didn't receive the same deal as Greece.
U.K. Prime Minister David Cameron made the case for a free trade agreement between the United States and Europe in a speech at the World Economic Forum in Davos on Thursday, arguing in favor of the expansion of free trade as his country increasingly distances itself from the EU.
After causing widespread consternation among his European Union (EU) partners with a speech calling for the EU to change, U.K. Prime Minister David Cameron has appeared politically isolated. However, support for his position appears to be growing, at least in some quarters within the EU.
Gary Dugan, CIO, Asia & Middle East, Coutts analyzes the reasons why U.K. Prime Minister David Cameron is pushing for a referendum on the country's membership in the EU.
Daniel Hui, Head of EM Asia FX Strategy, JPMorgan is expecting more policy moves from the BOJ at its April meeting. He adds that investors should look for Yen consolidation, but not a strong pullback.
The yen was little changed against the dollar on Wednesday one day after a sharp rally, and traders appeared ready to resume selling the yen.
Shares in Banca Monte dei Paschi di Siena, Italy's third-biggest lender, fell more than 5 percent for the second day in a row on Wednesday on worries of mounting losses on some financial derivative positions which it took in 2008 and 2009.
The yen keeps rising after the Bank of Japan falls short, and lower jobless claims lift the pound - it's time for your FX Fix.
The yen pushed higher against the euro and dollar on Wednesday, extending gains from the previous day, when monetary easing from Bank of Japan fell short of some expectations for faster, more aggressive action.
For the first time in recent years, policymakers don't have a major financial crisis to grapple with at this year's World Economic Forum (WEF), which gets under way on Wednesday.
The yen soared 1 percent against the dollar and euro on Tuesday after the Bank of Japan said its open-ended commitment to buy assets would kick in only next year.
U.S. Treasury debt prices were trading little changed as a U.S. Republican proposal for a limited rise in the debt ceiling curbed demand for safe-haven assets.
European shares closed flat on Tuesday as shares of Deutsche Bank weighed heavily on Germany's DAX Index after rumors that the German financial sector regulator had asked it to simulate a split of investment banking and retail operations.
The EU's economic and monetary affairs commissioner Olli Rehn has told CNBC that he backs the idea of granting an extension to Ireland and Portugal on their bailout loans.
David Bloom, global head of foreign exchange strategy at HSBC, tells CNBC that sterling will come under substantial pressure in 2013.
European companies are under mounting pressure to come clean about overpriced acquisitions after regulators found that losses taken on past deals were suspiciously low. The FT reports.
The yen briefly fell against the dollar on Tuesday after the Bank of Japan surprised markets by adopting an open-ended commitment to buy assets, but later regained ground as the new scheme for additional purchases only comes into effect next year.
European shares closed higher on Monday, managing to hold onto earlier gains as investor sentiment was buoyed by an agreement among U.S. Republicans on Friday to extend the debt ceiling for three months.