CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil closed up on the day, and nat gas closed up, as well, while gold was down on the day.» Read More
The Australian dollar tumbled to its lowest level since mid-2010 against a firmer U.S. dollar on Thursday.
Ron Paul, former congressman and current host of TheRonPaulChannel.com, explains why he's been advocating competing currencies vs. the U.S dollar. Alternative is a good method; the dollar isn't going to last, he says.
New York, Jan 15- Strong U.S. regional manufacturing and price data lifted the dollar on Wednesday, boosting it against most major currencies, while the Canadian dollar weakened to a fresh four-year low. The greenback rose 0.4 percent to 104.62 yen, building on Tuesday's recovery, when it rallied more than 1 percent.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude futures were up today as the EIA showed a bigger than expected drawdown in inventories.
Stocks rose on Wednesday as manufacturing in the New York region expanded.
CNBC's Rick Santelli discusses the latest action in the bond market, and explains why investors should not only look at the yield curve but the foreign exchange rates. The Canadian dollar has really caught my attention, says Santelli.
LONDON, Jan 15- The dollar index gained for a second straight day on Wednesday, helped by firmer U.S. yields that pulled the greenback away from a one-month low against the yen and sent the Canadian dollar to a fresh four-year low.
U.S. stock index futures signalled a higher opening after a strong Tuesday trading day.
The yen and Australian dollar nursed heavy losses early on Wednesday, having suffered a swift turnaround in fortunes as a shakeout in long dollar positions came to an abrupt end following upbeat U.S. retail sales data.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
US. stocks advanced on Tuesday, with the S&P 500 rebounding after its largest decline in two months.
U.S. stock index futures ticked higher on Tuesday, after earnings from JPMorgan Chase.
LONDON, Jan 14- The euro touched a two-week high against the dollar on Tuesday after European Central Bank official Ewald Nowotny said euro zone growth may surprise on the upside this year. "These comments by Mr Nowotny add to the cacophony coming out of the ECB's Governing Council.
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?