The New Zealand dollar skidded to a six-week low after the country's central bank switched to a wait-and-see stance, while its Australian peer rose.» Read More
As the Hong Kong Rugby Sevens kicks off this weekend, Herald Van der Linde of HSBC goes over some unusual similarities between the winning rugby teams during the past few years and what it means for asset classes.
The yen surged against the dollar and euro on Thursday as fears of a financial meltdown in Cyprus spurred investors to sell riskier trades.
The US dollar rallied after a decision by the Federal Reserve to continue its aggressive monetary easing fueled optimism about the US economic recovery.
The euro dropped to near a four-month low against the US dollar on Tuesday and looked poised to extend losses as uncertainty about Cyprus reignited fears about the euro zone currency.
The euro tumbled to a more than three-month low against the U.S. dollar as a bailout plan for Cyprus that will tax bank deposits spurred contagion worries in the euro zone.
Frederic Neumann of HSBC and Nicole Wong of CLSA discuss if Hong Kong's real estate sector is facing selling pressure or if investors are just stuck in a holding pattern.
The dollar fell from a seven-month high against a basket of currencies Friday after US data dented optimism about the economy and reinforced expectations the Fed will continue its bond-buying program for the foreseeable future.
The dollar fell from a seven-month high against a basket of currencies on Thursday as some traders bet it may have rallied too quickly.
The dollar climbed to a seven-month high against a basket of currencies on Wednesday as robust U.S. retail sales data bolstered prospects for the world's largest economy.
The yen rose against the dollar for the first time in a week on Tuesday, rebounding from a 3 1/2-year low, as short and long-term investors opted to book profits.
The dollar rose against the yen Monday, trading near a 3 1/2-year high set the previous session when strong U.S. jobs data spurred speculation the Federal Reserve could back away from its ultra-loose monetary policy.
The dollar touched a fresh 3 1/2-year high against the yen and a three-month high against the euro on Friday, buoyed by a stronger-than-expected U.S. jobs report.
The South African rand's volatility is a concern but the weakness of the currency is overdone, Gill Marcus told CNBC.
Stephen Peepels, Head of U.S. Capital Markets, Hong Kong, at DLA Piper says the flow of IPOs to Hong Kong could overwhelm demand.
Hong Kong's IPO market has been tame in comparison to past years, but next week brings a new entrant as the first pawn shop operator lands on the exchange. CNBC's Bernie Lo has more.
The euro climbed to a session peak against the dollar on Thursday as the ECB gave no hints about monetary policy easing in the months ahead after leaving its benchmark interest rate unchanged.
The euro fell against the dollar on Wednesday, a day before an ECB policy-setting meeting, on concerns the bank may flag future interest rate cuts.
The Dow Jones average hit a record high on Tuesday. Such risk-on appetite has traditionally had a negative correlation for safe-haven currencies such as the dollar. But Ian Stannard, FX strategist at Morgan Stanley believes things will be different for the greenback this time, with global currency market dynamics changing quite rapidly.
The euro rose for a second straight day against the dollar as risk sentiment improved after a major U.S. stock index surged to all-time highs.
The euro remained near a 2 1/2-month low on Monday on rising expectations that euro zone economic worries could prompt the European Central Bank to cut interest rates.