The U.S. dollar rose in Asia on Friday, having made a solid comeback overnight on upbeat retail sales data while the Australian dollar took a battering following more jawboning from the country's central bank chief.» Read More
A senior advisor to the People’s Bank of China, Li Daokui, said Wednesday China’s currency will be fully convertible in the next 5 years as long as there is no major shock to the economy.
China continues to post some of the fastest rates of growth in the world. But even that may not be enough to prevent the world’s second-largest economy from running into trouble.
Beijing is likely to face international pressure to allow its currency to appreciate faster as national trade with other countries remains robust. The FT reports.
The Swiss central bank's decision to set a limit on how much the Swiss franc can appreciate against the euro is "a huge mistake," investor Jim Rogers, chairman of Rogers Holdings, told CNBC.com on Wednesday.
China needs to float its currency in order to minimize financial imbalances that can cause another global recession, Australian Treasurer and Deputy Prime Minister Wayne Swan told CNBC on Tuesday.
The Swiss franc is up, the euro is off, and everyone's on edge for the jobs report - time for your Freaky Friday FX Fix.
Richard Harris, Chief Executive of Quam Asset Management says that Chinese banks are more attractive than European banks despite reported issues concerning local debt.
Masafumi Yamamoto, Chief FX Strategist, Japan at Barclays Bank is positive on Asian currencies, especially CNY, KRW, TWD, SGD.
Mansoor Mohi-uddin, Chief Currency Strategist at UBS Investment Bank says a prolonged FOMC meeting could mean a higher likelihood of easing options debate.
Recession warnings sting, Italian debt gets no love, and the euro's in a funk.
The dollar is set to slide, and Poland's finance minister says the euro's on the edge — it's time for your FX Fix.
John Noonan, Senior FX Analyst at Thomson Reuters is expecting further yen intervention if the JPY falls below the 76 level.
Singapore dollars get snapped up and European officials underwhelm - it's time for your FX Fix.
CNBC's Scott Wapner & Simon Hobbs with a look at European banks and the euro, and a discussion of China's plan to increase the value of the the yuan, with Mark Chadler,Brown Brothers Harriman.
German growth disappoints, British inflation rolls on, and Sarkozy and Merkel are set to meet - time for your FX Fix.
Japan is monitoring the yen, and the Swiss are fed up with the franc - it's time for your FX Fix.
Richard Jerram, Chief Economist, Bank of Singapore talks about Asia's economic prospects.
Andy Xie, Independent Economist, says what is happening in the U.S. will weaken the dollar and might force Beijing to de-link Chinese yuan with the dollar in five years.
Peter Lai, Director at DBS Vickers Securities says the yuan will benefit from the U.S. debt talks.
A warning on Spain dents the euro and Japanese officials want the yen lower, thank you. It's time for your Friday FX Fix.