Valentin Marinov, director of FX strategy at Citi, says more poor data such as jobs numbers out of the U.S. will hit the dollar.» Read More
Asian shares rose on Tuesday as recent selling drew bargain hunters ahead of more U.S. economic data and a Federal Reserve policy decision later in the week.
European equities touched fresh multi-month peaks on Monday, with technical charts pointing to a continued slow grind higher.
Japan's Nikkei breached the 11,0000 mark briefly as the yen continued to weaken.
Stocks closed higher Friday, with the S&P 500 ending above 1,500 and logging its longest winning streak since November 2004, boosted by a batch of upbeat earnings. All three major averages turned in their fourth-consecutive weekly gain.
Asian shares ended mixed on Friday, dragged lower by a drop in regional technology stocks, although gains in Australia and Japan contained overall losses for equities.
The S&P 500 closed higher for the seventh-consecutive session Thursday after crossing above the 1,500 level for the first time since December 2007, but Apple ended near session lows, putting a damper on the tech-heavy Nasdaq.
European shares closed higher Thursday, with the market taking direction from an opening rise on Wall Street where the S&P 500 hit the 1,500 mark for the first time since December 2007.
Asian shares were mixed on Thursday after manufacturing data from China confirmed a recovery was on track, easing nervousness caused by a sharp drop in Apple shares.
Stocks finished higher Wednesday, with the S&P 500 within striking distance of the 1,500 level and the Dow Jones closing at its best level in five years, lifted by a batch of stronger-than-expected earnings.
European shares inched higher on Wednesday, with a key index moving back towards a near two-year high hit recently.
Asian shares retreated from multi-month highs on Wednesday amid caution as the earnings season gathers pace, with Tokyo stocks falling to three-week closing lows.
Stocks closed higher for a third-straight session Tuesday, with the Dow and S&P 500 adding to their recent multi-year gains, ahead of a busy week of corporate earnings and amid hope for a deal on the debt ceiling.
European shares closed flat on Tuesday as shares of Deutsche Bank weighed heavily on Germany's DAX Index after rumors that the German financial sector regulator had asked it to simulate a split of investment banking and retail operations.
Asian shares end mixed on Tuesday amid optimism over the global growth outlook. But bold easing measures from the Bank of Japan failed to lift Tokyo equities and the yen rebounded from a brief sell-off as investors digested the central bank's actions.
European shares closed higher on Monday, managing to hold onto earlier gains as investor sentiment was buoyed by an agreement among U.S. Republicans on Friday to extend the debt ceiling for three months.
Asian shares ended mixed on Monday, taking a breather after hitting multi-month highs.
The Dow and S&P 500 turned decisively higher in the final minutes of trading to close at their best level since December 2007 and all three major averages turned in their third-straight weekly gain.
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.
Norway has shied away from an interest rate hike because the strong krone is already hurting exports, but that allows a housing bubble to keep growing.