The yen was poised to end the week higher, having lunged forward overnight as a fall in global equities lifted demand for the safe-haven currency.» Read More
In the past few years, central banks around the world have pumped trillions of dollars into the financial system, partly motivated by the desire to keep their currencies weak in relation to others.
The yen plummeted against the U.S. dollar Wednesday, revisiting a trend that recently took the currency to a 2-1/2-year low on expectations of easier Bank of Japan policy.
Sean Callow, Senior Currency Strategist, Westpac Bank says FX markets are still in a risk-on, risk-off mode, where good global economic news will support the AUD, NZD and EUR.
The euro gained for a second straight session against the dollar on Monday, benefiting from technical factors as well as expectations that the European Central Bank will refrain from cutting interest rates.
The dollar climbed to a nearly 2 1/2-year peak against the yen Friday after minutes from the Fed's meeting the previous day showed growing concern about further stimulus for the economy.
The dollar climbed to a three-week high against a basket of currencies as concerns about budget wrangling in Washington drove investors to the U.S. currency.
The dollar suffered against higher-yielding currencies after U.S. lawmakers approved a last-minute deal to avert huge tax rises and spending cuts, spurring demand for riskier investments.
The U.S. dollar edged up to a two-week high against major currencies Friday as investors waited to see if U.S. politicians can strike a last-minute budget deal.
As central banks in both the U.S. and Japan look set to continue aggressive monetary easing policies in 2013, Dan Harden, senior commercial dealer at Global Reach Partners has told CNBC traders should short both countries' currencies and look for high yields from the Australian and New Zealand dollar.
The yen fell to its lowest against the dollar in more than two years on Thursday, on expectations Tokyo will push for aggressive monetary stimulus.
Risk-sensitive currencies are unbowed by 'fiscal cliff' worries and Japan's incoming prime minister talks tough - it's time for your FX Fix.
Currencies held to tight ranges in thin pre-holiday trade Thursday, with the euro see-sawing against the U.S. dollar while investors struggle to gauge developments on U.S. budget talks.
South Africa's currency may have taken a battering in recent months, making it one of the worst performing major currencies this year, but analysts have told CNBC that the rand (ZAR) could be ready for a turnaround in 2013.
Ray Attrill, Co-Head of FX Strategy, NAB plots the Japanese currency's next moves following the elections and outlines why the central bank should be purchasing more government bonds.
The euro rose against the dollar for a second straight day Tuesday, as surprisingly strong German economic sentiment and optimism about the US spurred broad-based risk-taking.
New Zealand's central bank held its key rate at a record low and indicated it would likely stay there into 2014 because of a strong dollar, and the prospect of inflation from a pick-up in earthquake rebuilding and more active housing market.
The euro fell from a seven-week high Wednesday after a disappointing Spanish bond auction and weak euro zone economic data.
The euro rallied to a near seven-week high against the dollar Tuesday after Greece announced better-than-expected terms for its debt buyback.
The euro gained for a fourth straight session on Monday to hit a six-week high as news from Spain and Greece eased concerns about the debt-burdened countries.
The euro hit a six-week high against the dollar on Monday, with some investors trimming bets against the single currency on signs Germany may be open to a Greek debt write-down.