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
Enzio Von Pfeil, CEO of Commercial Economics Asia, tells CNBC that political scene in the U.S. is such that some sort of anti-China bill is likely to find support in the house.
Robert Roche, vice chair of American Chamber of Commerce, Shanghai, thinks that market access and intellectual property rights issues are more important than the currency debacle.
Scott Paul, executive director at Alliance for American Manufacturing, says that Congress must curb China's currency manipulation, because the cheap yuan has a devastating impact on U.S. manufacturing, especially in high-tech production.
France and Germany make a promise, and China sends a warning - it's time for your FX Fix.
Francis Lun, managing director at Lyncean Holdings, joined CNBC to discuss China's yuan bill.
Hopes rise for euro debt resolution and lift risk-on currencies — it's time for your FX Fix.
It must be quite interesting be in Mr. Wen Jiabao’s shoes at the moment. The Premier of the globe’s second largest economy is living in a world that seems to be on the brink of a recession due to sovereign debt crisis in Europe and lack of recovery in the US.
CNH market has created competition for deposits in Hong Kong, says Tom Quarmby, director, Equity Research at Barclays Capital.
Turkey gets tough and the Australians go shopping - it's time for your FX Fix.
The chairman of the US Federal Reserve has accused China of damaging prospects for a global economic recovery through its deliberate intervention in the currency market to hold down the value of the renminbi. The FT reports.
The guest blogs are carrying some smart currency-related commentaries today. Here's a guide.
The Obama administration has begun discussions with the Senate about whether a bill aimed at forcing China to let its currency rise is "the right approach" to the long-running currency issue, a top U.S. official said Tuesday.
During the debt-ceiling debacle, Washington pushed the U.S. economy close to an abyss. Now it is risking US-Chinese relations.
Australia may cut rates, China may start a trade war, and the Greek tragedy plays on - time for your FX Fix.
Alistair Fullerton, global head of strategy at IND-X Securities, says that avoiding a Greek default should be a global priority and amid such uncertainty in markets, advises investors to be long cash.
John Frisbie, President of U.S.-China Business Council says currency legislation is the wrong way to get a market-driven exchange rate.
After years of trying, Congress is taking another stab at retaliating against what many see as Chinese manipulation of its currency to make its exports to the United States cheaper and U.S. goods more expensive in China.
The Chinese renminbi was a more popular currency for company bond sales than the euro for the first time in the third quarter, underlining the debilitating effect of the eurozone’s sovereign debt crisis, while China has nurtured its own, potentially huge bond market. The Financial Times reports.
EUR - USD spread shall continue towards $1.29 by year end and will fall further in Q1 2012 to $1.18, says Ashraf Laidi, CEO at Intermarket Strategy.
As impossible it might sound at this point in time, China is all set to do what the US has been wanting for the last 18 months – appreciate the Yuan.