The yen held firm on Wednesday while investors kept their distance from riskier currencies such as the Australian dollar amid worries about China's economic health and tensions over Russia's seizure of the Crimea region of Ukraine.» Read More
Barclays Capital Chief Market Technician Jordan Kotick said the stock market is poised for more selling, even with the roughly 6 percent loss in the S&P 500 from February's high.
Traders have started souring on some emerging market currencies this week, and the fun may just be starting.
It's a bad day to hold a risky currency, but anyone with Swiss francs, or even yen, is sitting pretty right now. It's time for your FX Fix.
Oil prices are driven by a supply shock rather than increased demand due to a stronger world economy, so investors in currencies look to "risk" rather than "macro" factors, David Bloom, global head of foreign exchange research at HSBC, wrote in a market note.
The euro is up on rumors of possible central-bank buys, and the Swiss franc and British pound are up on actual news. It's time for your FX Fix.
Less than 24 hours before Thursday's European Central Bank meeting, traders appear to be banking on hawkish comments from President Jean-Claude Trichet. But the outlook for the currency after that is considerably less certain.
The hawkishness of the European Central Bank makes the euro a better buy than the Swiss franc, says UBS's Amelia Bourdeau.
It's a Europe day: the pound and the euro are moving higher, and the dollar is slipping. Again. Here's your daily FX Fix.
This is a great time to take fewer forex risks, says an FX strategist for Standard Chartered, and that's good news for traditional safe havens.
The dollar's failure to rally in tandem with other safe-haven currencies has investors wondering if it's lost that special status.
The safe-haven Swiss franc touched record levels, but Asian currencies are broadly lower over worries about oil prices and supply. Your daily FX Fix, right here.
Switzerland spells safety - for now - and the European Central Bank is scolding political leaders. Here's your daily FX Fix.
Libyan unrest is boosting the dollar, and a European Central Bank hawk is helping the euro. Here's your daily FX Fix.
The unrest spreading across the Middle East is making investors nervous, and they're heading for the closest safe-haven currency: the Swiss franc. The dollar, meanwhile, is getting left in the cold.
China throws cold water on hot money, and Middle East tensions fuel a rise in the Swiss franc. Here's your daily FX Fix.