The yen gained on Monday as weak China data fueled worries about an economic slowdown, while downbeat Japanese figures underscored the drawbacks of a weaker currency.» Read More
The U.S. dollar's decline to multi-week lows against the Japanese yen following Friday's shockingly weak U.S. jobs number represents just a temporary setback for the greenback, according to CNBC's latest poll.
Dan Werner the Banking Analyst at Morningstar in Chicago speaks about the expectations from U.S. banks earnings and the impact of Fed's tapering on their balance sheets.
Sean Callow, Senior Currency Strategist at Westpac Bank, describes the factors at play behind the greenback's sharp tumble overnight.
The U.S. dollar has taken a beating in the aftermath of last week's much softer-than-anticipated non-farm payrolls report, dealing a blow to those betting on a stellar year for the greenback.
*Nikkei drops 2.6 pct, Asian ex- Japan shares down 0.3 pct. Tokyo's Nikkei benchmark shed 2.6 percent, hitting a one-month low as investors there caught up to the fallout from the nonfarm payroll report following Monday's public holiday in Japan.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Energy inventory numbers are coming, and while things look bearish for oil, they should be bullish for nat gas.
With stocks off to a rough start, could the much-discussed correction be at hand?
Richard Perry, analyst at Hantec Markets, charts the performance of the USD/JPY and EUR/USD, and explains that the former might soon go through "a bit of a corrective phase."
U.S. stocks declined on Monday, with investors taking a cautious stance ahead of quarterly earnings.
Trading at a four-year low and suffering its worst week since last June, the Canadian dollar has come under pressure against a basket of G10 currencies.
U.S. stock-index futures pointed to a weak start to trade on Monday, as shares in Asia traded mixed following last week's dismal jobs report.
LONDON, Jan 13- The dollar tumbled to its lowest in almost a month against the yen on Monday, as investors caught out by Friday's soft U.S. jobs data reassessed how quickly the Federal Reserve might scale back its stimulus. The dollar slid 0.8 percent to 103.30 yen, having fallen to 103.26 at one point, its lowest level since Dec. 18.
SINGAPORE/ SYDNEY, Jan 13- The dollar hit its lowest level in nearly a month versus the yen on Monday after surprisingly soft U.S. jobs data disappointed dollar bulls, with traders reassessing how quickly the Federal Reserve can scale back stimulus. The dollar slid 0.6 percent to 103.48 yen, having fallen to 103.26 yen at one point, its lowest level since Dec. 18.
The dollar tumbled to its lowest in almost a month against the yen on Monday, following Friday's soft U.S. jobs data.
CNBC's Sharon Epperson reports gold prices saw a nice pop after disappointing jobs data.
Stock finished mixed on Friday, with Wall Street not certain how much credence to give a dismal December-payrolls report.
CNBC's Rick Santelli discusses how the weak jobs number is impacting interest rates.
How do you make money in these markets? Here is what some of the experts have been saying to CNBC.
U.S. stock index futures pointed to a higher open on Friday on Wall Street, where eyes were on the all-important non-farm payrolls report.
Hans Redeker, global head of foreign exchange strategy at Morgan Stanley, explains why he is "fairly optimistic" on the U.S. economy and why the dollar is on an upward trend.