The dollar rose against a basket of currencies on Wednesday, recouping some of the previous day's sharp losses.» Read More
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.
European shares ended mixed Tuesday amid "fiscal cliff" discussions in the U.S., but losses were limited as EU finance ministers met in Brussels to discuss details of a possible banking union.
European shares closed off their best levels Monday after a report showed that U.S. manufacturing unexpectedly contracted in November.
"Longer-term investors are being influenced by [the fiscal cliff impasse]," said Goldman's Jim O'Neill.
China could eclipse the United States sooner than many think as the yuan becomes a major player on the word stage that could put the dollar in the shade, analysts told CNBC.
Andre De Silva, Head of Asia-Pacific Rates, HSBC Global Research recommends investors look at the bonds of some emerging markets like Malaysia if they're looking for more yield.
Alaistair Chan, Economist, Moody's Analytics thinks the Chinese economy is in a cyclical upswing which will last for a few months. He adds that while the economy will recover, growth rates will unlikely go beyond 8%.
The euro hit a six-week high against the dollar on Monday, with some investors trimming bets against the single currency on signs Germany may be open to a Greek debt write-down.
European shares were flat on Friday as discussions over the U.S. "fiscal cliff" stalled.
Asian stock markets opened higher on Thursday, taking their cue from a rally on Wall Street that was driven by hopes that U.S. politicians will reach a compromise to avert the "fiscal cliff".
The Fast Money crew offers special CNBC.com-only advice on your investments.
CNBC's Amanda Drury reports the Treasury Department is saying further appreciation of China's currency is warranted. However, Treasury also says it cannot name China as a currency manipulator at this time.
A Greek aid deal briefly lifts the euro and the OECD issues a warning — it's time for your FX Fix.
Toby Lawson, Head of Financial Futures & Options and Cash Equities, at Newedge Asia Pacific explains the reforms China has undertaken to develop its futures market. He says full liberalization of the yuan is essential for more progress.
Think the fiscal cliff has been priced into currency markets? Think again, this strategist says.
Nick Verdi, Director of FX Strategy Asia Pacific ex-Japan, Barclays, says Japan's elections will continue to drive the yen in the near term, but U.S. fundamentals will be the real push to take dollar-yen to the 86 level.