Richard Kelly, head of European rates and FX research at TD Securities, says the dollar will continue to strengthen pushing dollar/yen to $120 next year.
The U.S. dollar strengthened following Fed news after earlier hitting an 8-year high against the Japanese yen.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including anticipation for the Scottish vote and protesters in Kiev "trash" a pro-Russian deputy.
Lennar's earnings beat on Wednesday, with fairly big numbers, will help the bull argument.
State Street has asked its foreign exchange trading chief to stay away from the office, Dow Jones reported, citing unnamed sources.
Adam Cole, head of currency strategy at RBC, says the Federal Reserve's language will change less than the market expects which will see the dollar weaken.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a really bad session for Greece and the French prime minister faces a parliamentary vote of confidence.
Renewed sales of the Australian dollar were the main move on major currency markets on Tuesday.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a down day for oil stocks and Air France has cancelled over half its flights because of a pilot strike.
Sweden's crown fell to a two-month low against the euro after the country elected a minority government.
The dollar index was headed for a ninth consecutive week of gains after retail sales data added to expectations that U.S. growth is gaining steam.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a euro zone meeting in Italy and the "too close to call" Scottish referendum vote.
Alibaba reportedly plans to stop taking orders for its IPO early, an indication of sizzling demand.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including EU diplomats are ready to activate Russian sanctions and a new poll indicates the Scots will reject independence.
The U.S. dollar hit a six-year high against the yen and sterling recovered some ground after recent nerves over Scottish independence.
The theory is that Alibaba is such a gigantic offering that it is reducing interest in other IPOs anywhere on or near the horizon.
Jeremy Stretch, head of FX strategy at CIBC, says geopolitical tensions will be positive for the greenback.
Energy stocks are down as Brent Crude oil falls to a 17-month low amid lower demand and plentiful supply.
Alibaba's IPO is getting strong demand, raising questions whether the e-commerce giant will increase the price and size of its offering.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including David Cameron's appeal to the Scots not to break apart the union, and Sergio Marchionne will take over as chairman of Ferrari.