The Swiss franc continued to show volatility as the country's central bank signaled that it had not given up intervening in currency markets.» Read More
Asian shares ended mixed on Monday, taking a breather after hitting multi-month highs.
Kelvin Lau, Senior Economist at Standard Chartered says the recent developments from Beijing towards the offshore market are positive. He believes there will be a 50% rise in Stanchart's RMB Globalization Index in 2013.
Easing bets hit the yen, a rising euro dims the Swiss franc, China's fourth quarter GDP hits the mark, and the British aren't shopping - it's time for your FX Fix.
European shares slipped on Friday as disappointing economic data in the UK and U.S. dampened sentiment.
Asian shares ended higher on Friday as encouraging data from the United States and China boosted prospects for the global economy, while the yen hit new lows ahead of next week's Bank of Japan meeting. Both Tokyo and Hong Kong stock markets surged to multi-month highs on the upbeat sentiment.
The yen hit a 2-1/2 year low against the dollar on Friday as markets positioned for the Bank of Japan to take bold action to tackle deflation at a policy-setting meeting early next week.
Dhiren Sarin, Chief Technical Strategist, Asia Pacific at Barclays says the Shanghai Composite is one of his favorite trades for 2013 as the market shows some bullish signs. He expects the market to hit the 2,550 - 2,600 level.
European shares closed higher on Thursday afternoon after stronger-than-expected U.S. jobs data.
David Riedel, President & Founder, Riedel Research Group recommends investing in well-run Hong Kong listed mid-cap companies that have exposure to China.
While China recently introduced new measures to attract more foreign capital into the country, Kingsley Jones, Founder and CIO at Jevons Global says that much of the capital is immobile because investors are not sure where to go.
A recent warning from a Japanese minister about excessive yen weakness continued to underpin the currency.
CNBC's Rick Santelli explains how exports are impacting currency prices.
European shares ended mostly flat on Wednesday, bouncing off intraday lows as many investors used the early dip to boost their exposure to equities.
Asian shares ended in the red on Wednesday as cautious investors waited for crucial economic data from China later this week, while the yen's extended gains spurred profit taking in Japanese equities after their recent rally.
The yen on Tuesday posted its best one-day gain against the euro in seven months and rose against the dollar after falling four straight days.
Technology stocks fell to push European shares lower and send Germany's benchmark DAX index to a 2013 low on Tuesday.
Peter Alexander, Managing Director, Z-Ben discusses reasons and implications of the ongoing internationalization of the renminbi.
The euro rose against the dollar for a third straight session Monday, touching an 11-month high, as investors continued to trade off of diminished expectations of ECB monetary easing.
China's FX reserve growth is slowing, so this strategist sees less need for China to buy euros (and other currencies) for diversification.
Japan set the stage for a global currency war, which could hamper the global recovery and relatively robust stock market.