The dollar fell against a basket of currencies on Thursday after Federal Reserve chief Janet Yellen reiterated an accommodative monetary policy stance.» Read More
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.
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.
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.
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.
Traders backed off short yen positions ahead of a key Bank of Japan meeting, and Iceland's finance minister looks at the euro zone and wants in.
The euro has been rising against the dollar, but where it's really moving is against several other currencies, this strategist says.
Easing bets hit the yen, a rising euro dims the Swiss franc, China's fourth quarter GDP hits the mark, and the British aren't shopping - it's time for your FX Fix.
The yen hit a 2-1/2 year low against the dollar on Friday as markets positioned for the Bank of Japan to take bold action to tackle deflation at a policy-setting meeting early next week.
Brian Jackson, Global FX Strategist, Coutts says the Swiss franc will weaken further in the months ahead as investor confidence in the euro zone grows.
A recent warning from a Japanese minister about excessive yen weakness continued to underpin the currency.
Safe havens get a boost on profit taking, and Sweden talks down the krona - it's time for your FX Fix.
The yen on Tuesday posted its best one-day gain against the euro in seven months and rose against the dollar after falling four straight days.
The euro rose against the dollar for a third straight session Monday, touching an 11-month high, as investors continued to trade off of diminished expectations of ECB monetary easing.
The euro continues its climb, the yen keeps up its slide, and Nouriel Roubini gets blamed for the forint's fall - it's time for your FX Fix.
The euro rose to its highest level since April 2012 against the dollar Friday with investors continuing to trade on the absence of any hints as to future euro zone interest rate cuts.
The euro catapulted to an 18-month high versus the yen and hit a one-week peak against the dollar Thursday after the European Central Bank gave no indication of cutting rates.
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 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.