Chris Walker, FX strategist at Barclays, says the rupee looks like an attractive currency to buy as India has seen a "sharp turnaround" in its current account deficit.
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Miles Eakers, head of foreign exchange at Savi Trading, discusses how to trade the euro amid the ongoing rhetoric from the European Central Bank.
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The dollar rose against the euro on Wednesday in a lackluster session with investors continuing to trade on comments from a member of the Federal Reserve that seemed to keep the door open to a first drawdown in stimulus next month.
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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.
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Craig Erlam, market analyst at Alpari, says the Swiss franc and yen are good currencies to buy amid the U.S. government shutdown because they have save haven status.
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John Lonski, Moody's Capital Markets Research Group; and David Spika, The Westwood Funds, discuss whether additional records are likely, as uncertainty continues to plague global markets.
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The euro got off to a wobbly and volatile start on Monday in early Asia as investors reacted cautiously to mixed news out of Europe to tackle its escalating debt crisis.*
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China's central bank and other financial institutions spent 376.9 billion yuan ($59 billion) buying foreign currencies in August, a five-month high and a 71.6 percent jump from July, according to official data published on Wednesday.
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Until the market in general "feels calmer about the euro zone this sort of roller coaster ride is likely to go on for a while," John Raymond, senior analyst-European banks at CreditSights Limited, told CNBC Tuesday.
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In Greece, "further economic weakness expected this year, partly driven by the global slowdown, can only make things worse also on the fiscal front," according to economists at Credit Suisse in London.
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World equity markets tumbled and gold shot to a new record high on Thursday as renewed worries about Europe's debt crisis and sour U.S. data added to fears that major economies were close to recession.
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Star banker Todd Edgar and his team of nearly a dozen fellow commodities traders are to leave Barclays as part of a stream of cuts designed to shed overheads and put the UK bank on target to hit profit targets, reports the FT.
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The safe-haven Swiss franc counted its gains on Tuesday on worries about the global economy even as the U.S. looked to have averted a debt default after the House of Representatives approved an 11th hour deal to raise the U.S. borrowing limit.*
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The safe-haven Swiss franc and yen were under broad pressure in Asia on Wednesday after U.S. and Chinese data helped lift some of the gloom about the global economy, bolstering risk appetite that saw strong gains for the euro and commodity currencies.
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