The U.S. dollar rose broadly on Thursday after the Federal Reserve signaled it would begin to dial down stimulus this year as the economic outlook improves.» Read More
Earthquakes in New Zealand hit the kiwi, and bickering over Greek debt dents the euro — it's time for your Monday FX Fix.
The Chinese currency hit a record high of 6.4759 against the U.S. dollar on Wednesday after the People's Bank of China (PBOC) fixed the reference point at the strongest level against the greenback since revaluation in 2005. Some think Beijing is likely to go even further, as the country tries to bring inflation under control.
Safe-haven currencies are on a roll. Yes, it's the economy, stupid — time for your FX Fix.
The rising labor costs for companies that supply Chinese goods to the West may result in higher consumer prices. The NYT reports.
European debt worries go well beyond the Continent, and U.S. durable goods dent the dollar. Your FX Fix, right here.
For years America has warned, lectured and cajoled the Chinese to allow the yuan to rise in a bid to end the fiscal imbalances that have seen more and more US debt sit in the People’s Bank of China's vaults.
Concerns about a slowdown in China may have sent some investors scurrying for the exits this week, but one strategist is staying put.
In the face of an unwavering adherence by the US to highly accommodative policies, China is faced with the prospect of recycling its ever growing FX reserves into nations or regions that it probably has fundamental fiscal concerns about.
China's efforts to internationalize the yuan is creating a host of opportunities, and according to one broker, is the most exciting development in the forex markets seen in years.
The World Bank expects the U.S. dollar to lose its solitary dominance in the global economy by 2025, as the euro and the renminbi establish themselves on an equal footing in a new “multi-currency” monetary system, the FT reports.
Risk-on is going out - of fashion. Here are suggestions for safe-haven currency trades, from the experts.
Dominique Strauss-Kahn is arrested, and investors would like some safe havens, please. Time for your daily FX Fix.
CNBC's Tyler Mathisen looks back at the week's top business and financial stories.
The euro is strengthening on solid GDP reports, but the latest CPI data fails to inflate the dollar — it's time for your FX Fix.
The world's biggest banks are likely to be hit by capital surcharges that increase progressively based on a lender's size, how connected it is to other banks and how easily it could be replaced in a crisis, global regulators have told the Financial Times.
China today once again raised banks’ reserve requirements in an effort to restrain rising prices. This marks the fifth time this year that China has hiked bank reserve requirements.
Risk is off, debt worries are on, and the dollar is in again - time for your FX Fix.
The Chinese authorities find the short-termism of the US and Europe rather amusing. It is said that while the Americans use a watch to tell the time, the Chinese use a calendar. That probably does not do the Chinese long-term mind set justice, given the authorities' focus on five-year plans.
In countries where politicians or other special interest groups control monetary policy, hyperinflation remains a very real possibility.
In the past 8 months housing prices have risen 30 percent while sales volumes have dropped 70 percent. In other words, people buying homes can afford them. There is no panic selling like in the US or Dubai because rules in place for years have prevented the kind of speculation that was rampant in America, where people bought multiple homes with zero down.