Renewed sales of the Australian dollar were the main move on major currency markets on Tuesday.» Read More
European shares stuttered on Thursday as indexes approached overbought levels and budget talks in the United States stalled.
South Africa's currency may have taken a battering in recent months, making it one of the worst performing major currencies this year, but analysts have told CNBC that the rand (ZAR) could be ready for a turnaround in 2013.
Long-time China watchers probably felt a sense of deja vu when HSBC's chief China economist, Qu Hongbin, predicted last month that the yuan would be convertible within five years.
European shares closed higher on Wednesday after business confidence data was released in Germany showing an increase.
European shares ended higher on Tuesday, as investors bet that U.S. Democrats and Republicans will reach a deal to avoid a "fiscal cliff" of year-end austerity measures.
European shares closed slightly lower on Friday as investors locked in profits ahead of the weekend and once again focused on the ongoing discussions surrounding the "fiscal cliff" in the U.S.
Asian shares were mixed on Friday with a pick-up in China's manufacturing sector lending support but worries over the progress of U.S. budget talks to avert the "fiscal cliff" weighing on investor sentiment.
European shares closed lower on Thursday, ending a three-week rally that had pushed shares up to 18-month highs.
Spain sold 2.02 billion euros of bonds on Thursday at its final debt auction of the year.
Hamish Pepper, FX Strategist for Asia Pacific at Barclays Capital, says the dollar is likely to trade around 86 yen within 3 months on the likelihood of more easing from the BOJ following the Japan elections.
European shares closed higher on Wednesday ahead of a Federal Reserve meeting in the U.S., with investors expecting an announcement on a new treasury purchase plan.
The euro rose against the dollar for a second straight day Tuesday, as surprisingly strong German economic sentiment and optimism about the US spurred broad-based risk-taking.
European shares closed higher on Tuesday after a survey showed a sharp improvement in German investor and analyst sentiment.
European shares closed higher on Monday, but Italian shares closed firmly in the red after political uncertainty surfaced, with Prime Minister Mario Monti announcing he will step down before his term ends.
European shares ended flat Friday following a pair of mixed economic reports from the U.S., while Germany's lowered growth outlook put a damper on gains.
The euro was headed for its sharpest drop against the dollar in a month after comments from the ECB chief and a downgrade to the region's growth and inflation forecasts.
European shares finished in positive territory Thursday as the ECB and the Bank of England kept interest rates unchanged.
The euro fell from a seven-week high Wednesday after a disappointing Spanish bond auction and weak euro zone economic data.
European shares finished slightly higher Wednesday following positive comments from China's new leaders.
The euro rallied to a near seven-week high against the dollar Tuesday after Greece announced better-than-expected terms for its debt buyback.