The dollar index also hit its highest level since March. » Read More
The long and steady decline in the Australian dollar from $0.93 to $0.69 has paused and developed a significant reversal pattern.
The dollar rose against a basket of major currencies after U.S. housing starts rose by more than expected in June.
The Yen slips broadly as Turkey quells an attempted military coup, while calm in UK prompts sterling bump.
The British pound could be showing signs of a false dawn, according to currency analysts, who suggest that a recent rally could soon give way to more bouts of heavy selling.
The dollar spiked against the Turkish lira after gunfire was heard in the capital of Ankara on Friday.
The Bank of England surprised market by holding fire on post-referendum rate cut.
The dollar falls while the Bank of Canada announced that it will hold interest rates.
The dollar eased slightly against the yen on Wednesday, but remained close to 2-1/2-week highs.
The USD/JPY will likely be capped at 106.4 because further stimulus won't keep yen weak in the long-term, says Compass Global Market's Tony Boyadjian.
The yen fell against the dollar after the Japanese ruling coalition's victory boosted hopes for more monetary stimulus.
Australian banks' exposure to housing market leverage, plus a potential of credit rating cut, are major risks, says Crestone Wealth CIO David Sokulsky.
The Fed will need to keep a close eye on the U.S. presidential elections before it makes its move, says UOB's Peter Chia.
Australia's Prime Minister Malcolm Turnbull on Sunday said his ruling coalition government has won victory in an extremely close federal election.
The dollar traded in a back-and-forth range after the U.S. June jobs report easily beat expectations.
The Aussie will be a much more stable and predictable bet than the Yen, according to KH Heng, Senior FX Strategist at Credit Suisse Private Banking.
Sterling rebounded on Thursday after falling two straight days.
LONDON, July 7- Share markets climbed on Thursday as upbeat U.S. economic data took some of the sting out of the Brexit scare, while the Australian dollar dipped as the country's triple A credit rating came under threat. The European market started firmer with the FTSE up 1.7 percent, the CAC in Paris 1.9 percent higher and Germany's DAX rising 1.3 percent.
Australia faces the prospect of losing its vaunted AAA rating, after S&P Global Ratings lowered the outlook on the country's debt to negative.
*Stocks ex- Japan edge up after Wall St ekes out gains. SYDNEY, July 7- Asian share markets crept ahead on Thursday after upbeat U.S. economic data took some of the sting out of the latest Brexit scare, while the Australian dollar briefly dipped as the country's triple A credit rating came under threat. The European market were also seen starting firmer, with the FTSE...
*S&P cuts outlook on Australia's rating to negative from stable. TOKYO, July 7- The Australian dollar withered after Standard and Poor's cut the outlook for that country's credit rating to negative on Thursday, while the safe-haven yen firmed in the fallout from Britain's vote last month to exit the European Union. The Aussie fell as low as $0.7467, from an earlier...