The U.S. dollar strengthened following Fed news after earlier hitting an 8-year high against the Japanese yen.» Read More
Firming commodity prices are lifting commodity currencies, but rumors are sinking the British pound— time for your FX Fix.
The credit ratings of some of the UK’s largest banks could be slashed because of worries about what will happen when the government stops propping them up, the agency said in a statement Tuesday.
The CEO of Europe's largest insurer by gross premiums and market capitalization has called for more aid for Greece and a plan to help the country's growth, according to German media reports.
Greece creeps closer to default. Is there a currency trade behind the country's woes, with CNBC's Melissa Lee and the Money In Motion traders. Also, cold cash and hot commodities--using currencies to play the recent pullback in commodities, with Dennis Gartman, The Gartman Letter.
Professionals working in the City of London mull changing employers this year, with more than half saying they definitely intend to find a new employer this year, according to a recent survey, while another survey showed finance professionals among the top earners.
If the monetary policy committee of the Bank of England were paid a performance bonus, its members would deserve nothing. The UK’s inflation outcome has been far from target over a long period. So should the MPC raise rates now to make up for its past failures? No. But its position is becoming very uncomfortable, according to the FT.
Japan's in a recession, IMF leadership's in play, and the Brazilian real is on a rolll. Time for your daily FX Fix.
The recent rally for the dollar will not last and should be used as a chance to short the greenback as America’s geopolitical influence ebbs away, according to David Murrin, a hedge fund manager and author of Breaking the Code of History
The British pound is sinking, and the World Bank is down on the dollar. Here's your daily FX Fix.
High energy prices, expensive air fares, natural disasters, security concerns, high unemployment and a weak dollar may all keep Americans at home. The question is whether it literally means their own home.
The British pound is prancing, the dollar's in a funk, and the loonie is on a downdraft - time for your FX Fix.
Decisions by politicians on how to deal with debt on both sides of the Atlantic will be crucial to prevent another Lehman-style crisis, economists and analysts told CNBC in a debate about banking in the European Union and in the US.
A detailed look at currency trading, with CNBC's Melissa Lee and the Money In Motion traders.
The world's biggest banks are likely to be hit by capital surcharges that increase progressively based on a lender's size, how connected it is to other banks and how easily it could be replaced in a crisis, global regulators have told the Financial Times.
UK Chancellor George Osborne told CNBC on Tuesday that Britain is an example to countries like Greece on austerity.
Mervyn King, the Governor of the Bank of England, made it clear to the market on Wednesday that UK rates would have to rise at some point.
Sovereign debt is weighing on the euro, but the loonie is lifting off again. Time for your FX Fix.
Europe should help countries that are in trouble but these countries need to show that they are tackling their deficit problems themselves, like Britain has done, UK Chancellor of the Exchequer George Osborne told CNBC in an interview Tuesday.
On May 4, I recommended shorting the euro against the British pound. Here's an update.
The past week was a rough one for commodities, and oil had its biggest dollar drop in at least 30 years. Here's how to use currencies to trade oil now.