The dollar rallied against the yen after stronger-than-expected jobs data stoked expectations the Fed may start reducing bond buying sooner than expected.» Read More
Just as talk had begun to intensify about a gold bubble building, the metal got another boost Tuesday when the Swiss National Bank announced measures to decrease the value of the franc.
With the Swiss franc tumbling after the central bank's intervention, you need a Plan B for a safe haven. Here's a ranking of your options.
Given the Swiss National Bank's pegging or linking their currency to the EUR at 1.2000 (+10% from spot), the market is now starting to believe there is a possibility that the Bank of Japan will do something similar with the Japanese yen.
The Swiss National Bank (SNB) came out fighting Tuesday, announcing its intention to set a minimum exchange rate for the Swiss franc against the euro, in a move which sent European shares and the price of gold up.
The Swiss National Bank strikes back and European officials talk togetherness - it's time for your FX Fix.
Speaking of the SNB's decision to peg the Swiss Franc to the Euro, Julia Coronado, North America chief economist at BNP Paribas, told CNBC, "There are a lot of tensions in the currency world right now, and as we have seen, it is not always easy to effectively have control over that."
The Swiss central bank has started to buy French and German government debt from the markets to try to bring the Swiss franc down, Dow Jones newswire wrote on Saturday, quoting a report by German newspaper Frankfurter Allgemeine Zeitung.
The Swiss franc is up, the euro is off, and everyone's on edge for the jobs report - time for your Freaky Friday FX Fix.
Dismal news is sending the euro tumbling - but that doesn't mean you should jump in on weakness.
The Swiss step back and Fed watchers are busy - time for your Wednesday FX Fix.
Worries about Western Europe have spilled into countries in Central and Eastern Europe and the region's fate is tightly linked to that of its main exporting market, Wike Groenenberg, head of CEEMEA strategy at Citi, told CNBC on Wednesday.
The real safe haven currency is about to stand up, this strategist says.
Recession warnings sting, Italian debt gets no love, and the euro's in a funk.
Roelof Van Den Akker, technical analyst at ING Wholesale Banking joined CNBC Tuesday for a look at the DAX, gold and Euro/Swiss Franc charts.
Is the Swiss franc still a ‘safe haven’ trade? Todd Gordon weighs in with the Fast traders.
If and when the S&P 500 rolls over, CHF/JPY will selloff, says Todd Gordon, Aspen Trading.
The dollar is set to slide, and Poland's finance minister says the euro's on the edge — it's time for your FX Fix.
Gasoline futures opened slightly lower Sunday evening as East Coast refineries got through Hurricane Irene relatively unscathed.
ConocoPhillips has shut down its 238,000 barrel-per-day Bayway refinery New Jersey, as a precaution ahead of Hurricane Irene. The company also says its terminals are shutting down until it is safe to resume operations.
Gasoline futures declined Friday but rose nearly 3 percent for the week amid hurricane fears.