The U.S. dollar hovered near a two-week high against a basket of other major currencies a day after the Fed hiked interest rates.
Jesse Sherman, portfolio manager at RenAsset Management, discusses Russia’s outlook in relation to the ruble and weak oil prices.
The U.S. dollar lost some ground on Wednesday, after the Federal Reserve decide to raise interest rates for the first time in nearly a decade.
The U.S. dollar rebounded from a roughly six-week low against the euro on Tuesday.
The dollar turned positive, after edging lower on worries that oil prices and credit market turmoil could limit U.S. interest rate hikes.
The dollar fell on Friday against key world currencies amid a selloff sparked by market volatility concerns.
Russia’s central bank has decided to keep rates on hold at its latest monetary policy meeting Friday, CNBC’s Wilfred Frost reports.
Christopher Granville, managing director at Trusted Sources, discusses Russia’s “very clear goals” when it comes to the Syrian conflict.
Simon Fentham-Fletcher, CIO at Freedom Asset Management, says the Russia central bank has missed an opportunity to cut rates, as the economy comes under greater pressure.
Currencies in Brazil and Russia are among the world’s worst performing this year, and that’s taken a bite out of consumers’ appetite for appliances.
The Swiss franc rose against the euro on Thursday after Switzerland's central bank kept interest rates on hold at record lows.
The dollar fell on Wednesday as commodity currencies reversed steep losses from Tuesday as oil recovered.
The dollar soared against oil-linked currencies on Tuesday, touching an 11-year high against the Canadian dollar.
Rair Simonyan, chairman of UBS Russia, says the oil price is a major factor influencing Russia's economy and its outlook for the future.
The dollar rose broadly on Monday on expectations the Fed is on track to raise interest rates next week.
The U.S. dollar was higher against the euro on Friday after stronger-than-expected U.S. monthly jobs data.
The U.S. dollar hit a nearly one-month low against the euro on Thursday after the European Central Bank cut its interest rate on deposits.
The U.S. dollar climbed to its highest against the euro in more than seven month.
The dollar fell as a contraction in U.S. manufacturing employment and upbeat European economic data knocked the greenback from 8-1/2-month highs.
Instead of falling off as OPEC hoped, oil production has increased from where it was last year, and the world is still swimming in crude.