The euro climbed from an eight-month low on Thursday after German and French business activity beat expectations.» Read More
Asian shares ended mixed on Wednesday after rounds of profit taking from a sharp rally at the start of the new year subsided, while investors waited warily for corporate earnings season to kick off in full force.
The dollar and euro plunged against the yen as investors booked profits in the aftermath of swift and significant gains.
European shares surrendered their gains on Tuesday afternoon and turned slightly negative, tracking losses on Wall Street.
Tokyo pledges to buy European rescue bonds and dollar-yen traders take profits - it's time for your FX Fix.
Asian shares fell on Tuesday as investors turned cautious after the new year's rallies, with corporate earnings season for the last quarter of 2012 looming and the European Central Bank's policy meeting due later in the week.
The euro gained for a second straight session against the dollar on Monday, benefiting from technical factors as well as expectations that the European Central Bank will refrain from cutting interest rates.
European shares finished in negative territory Monday, but financials helped limit losses after global banking regulators announced a watering down of key elements of their plan for banking rules.
Asian stocks drifted on Monday as investors booked profits from a New Year rally that had pushed markets to multi-month highs, but financial stocks gained after global regulators decided to relax draft plans for tough new bank liquidity rules.
The dollar climbed to a nearly 2 1/2-year peak against the yen Friday after minutes from the Fed's meeting the previous day showed growing concern about further stimulus for the economy.
European shares extended gains to set a new 22-month high on Friday, after a better-than-expected U.S. jobs data.
Asian shares ended mostly lower on Friday, tracking overnight weakness in global equities after several Fed officials expressed concerns about continuing to expand stimulative bond buying. But, Japanese stocks surged as the market played catch-up with the region on its first trading day of 2013.
The dollar climbed to a three-week high against a basket of currencies as concerns about budget wrangling in Washington drove investors to the U.S. currency.
European shares finished mixed Thursday, while the Swiss SMI index soared over 2 percent, catching up on gains following the U.S. "fiscal cliff" deal.
Stephen Sheung, VP & Investment Strategist, SHK Private says that as regulation eases to allow more foreign players, Chinese stocks will trade closer to fundamentals.
The dollar suffered against higher-yielding currencies after U.S. lawmakers approved a last-minute deal to avert huge tax rises and spending cuts, spurring demand for riskier investments.
Richard Yetsenga, Head of Global Markets Research, ANZ says the latest official PMI data shows that China's economy is off to a strong start. He adds that the CNY is emerging as a stand out currency.
European stocks were flat in early afternoon trading on Monday as fears over a lack of resolution to the U.S.' "fiscal cliff" weighed on sentiment.
Asian shares closed lower on Monday, with uncertainty over U.S. budget negotiations weighing on stocks on the last trading day of the year and trading volumes relatively subdued with many markets closed for New Year's Day.
The U.S. dollar edged up to a two-week high against major currencies Friday as investors waited to see if U.S. politicians can strike a last-minute budget deal.
European shares ended in negative territory Friday as investors remained cautious over the looming "fiscal cliff" and following some weak economic reports.