The yen steadied slightly off a 2 1/2-year low against the dollar on Monday as option-related buying prompted short-term players to refrain from testing the Japanese currency's downside for now.
The yen steadied slightly off a 2 1/2-year low against the dollar on Monday as option-related buying prompted short-term players to refrain from testing the Japanese currency's downside for now.
The euro hits a fresh, 52-week high, at $1.36 and climbing. Discussing whether the ECB will throw cold water on the rally, with CNBC's Melissa Lee and the Money in Motion traders.
The euro hit a 14-month high against the U.S. dollar and 33-month peak against the yen, the beneficiary of stronger-than-forecast euro zone manufacturing data and expectations of easy monetary policy form Washington and Tokyo.
The euro rose to a 14-month high against the dollar, heading for its best month in over a year as signs of recovery in the euro zone's economy set the currency on a bullish trend.
The U.S. dollar slid to a fresh 14-month low against the euro after the U.S. Federal Reserve kept interest rates near zero and maintained its bond-buying program to spur economic growth.
The euro scaled 14-month peaks against the dollar, gaining in three of the last four sessions, lifted by an improving euro zone outlook and expectations the Federal Reserve will keep its ultra-easy monetary policy for some time.
Fed minutes and the jobs report are big this week for the markets. Discussing whether the economy really has turned a corner, with Michelle Meyer, Bank of America Merrill Lynch, CNBC's Melissa Lee and the Money In Motion traders.
Sterling falls 3.5 percent year to date. Fears of a British "Triple Dip" recession weigh on the pound, with CNBC's Melissa Lee and the Money In Motion traders.