The ECB's forward guidance may adjust policy to tighten the slack in the Euro zone economy, a senior ECB official said.» Read More
The Dow Jones average hit a record high on Tuesday. Such risk-on appetite has traditionally had a negative correlation for safe-haven currencies such as the dollar. But Ian Stannard, FX strategist at Morgan Stanley believes things will be different for the greenback this time, with global currency market dynamics changing quite rapidly.
The euro rose for a second straight day against the dollar as risk sentiment improved after a major U.S. stock index surged to all-time highs.
Movements of the yuan are fairly solid indicators of the fluctuations of other Asian currencies, and these strategists are reading the tea leaves.
Retail sales help the Australian dollar but the euro zone PMI fails to lift the euro - it's time for your FX Fix.
The euro remained near a 2 1/2-month low on Monday on rising expectations that euro zone economic worries could prompt the European Central Bank to cut interest rates.
The dollar rose to a six-month high against a basket of currencies, buoyed by gains against the euro on growing evidence the U.S. economy was showing signs of improving.
With major U.S. spending cuts looming, risk aversion is in the air, lifting the safe-haven yen and denting the Canadian dollar.
Stalemate in the United States over automatic government spending cuts due to take effect March 1 and an inconclusive election in Italy undermined the euro on Thursday.
Italy weighs on the euro, the Bank of Japan gets a new chief, and improving business confidence lifts currencies down under - it's time for your FX Fix.
The euro rose against the dollar for the first time in three sessions on Wednesday on relief over solid demand for Italy's first bond sale since the country's general elections.
An Italian bond sale weighs on the euro and a credit rating affirmation lifts the Aussie - it's time for your FX Fix.
The euro traded flat against the U.S. dollar and yen on Tuesday, recouping early losses with the help of U.S. central bank assurances that a bond-buying stimulus program will remain in place.
Messy Italian election results buffet the euro and a search for safe havens lifts the yen - it's time for your FX Fix.
Keagan York, Head of FX Strategy at Compass Global Markets explains why he believes the USDJPY could return to 88 soon.
The U.S. dollar and euro fell sharply in late afternoon trade as uncertainty about Italy's elections and sharp losses in stocks led investors to unwind trades funded in yen.
The euro hit a six-week low against the dollar Friday, heading for a third straight week of losses, after the European Central Bank said banks will repay less than half the expected amount of loans.
After several lackluster years, the $5 trillion foreign exchange market has bolted back to life with institutional investors leading the charge and banks standing to gain from the activity.
The euro dropped to a six-week low against the dollar and a three-week trough against the yen Thursday in the wake of data showing a struggling euro zone economy.
Fed doubts on bond buying buoy the buck and disappointing economic activity data hits the euro - it's time for your FX Fix.