The euro reversed earlier losses to trade sharply higher on Friday after the September jobs report widely missed expectations.» Read More
The dollar hit an almost three-week low ahead of this week's Federal Reserve meeting, as investors bet interest rates would be held.
The Swiss Franc has recently defied its decade-long safe haven status.
The dollar was lower on Friday in thin, listless trading ahead of next week's Federal Reserve policymaking meeting.
The dollar softened on Thursday as global stock markets turned down.
TOKYO, Sept 10- The New Zealand dollar tumbled on Thursday, taking down the Australian dollar with it, after the New Zealand's central bank cut its benchmark interest rate and signaled it may ease policy further as the economy softens. RBNZ Governor Graeme Wheeler said a big slowdown in China's economy could have a negative impact on New Zealand, highlighting...
New Zealand's central bank cut its benchmark interest rate and signaled it may ease further as the economy softens, weighing the country's currency.
The dollar rose on Wednesday, following equities rallies on Wall Street, Europe and Asia.
TOKYO, Sept 9- The dollar gained against the safe-haven yen on Wednesday, boosted by a surge in European and U.S. stocks amid a global recovery in risk appetite that also drove rallies in commodity currencies such as the Australian and Canadian dollars. The Australian dollar edged up to $0.7036, adding to the 1.4 percent surge overnight which whisked it away from a...
The dollar was mixed as rising stock markets and positive German economic data gave global investors reasons to throttle down the risk aversion.
The Aussie did its best to cling onto the narrow shelf of support near $0.78 but since then it has been a rapid plunge into the valley of death.
The dollar clawed back some of the ground it had lost against the yen on Monday, after skidding on mixed U.S. employment data.
While the Australian dollar could fall further if the Fed raises interest rates, it will stabilize around $0.68 against the greenback over the next 3-12 months, Tan Teck Leng, FX analyst at UBS Wealth Management.
Andrew Su, CEO of Compass Global Markets, says the weakness in the Aussie dollar is an "overreaction" to China-related woes and expects the currency to hit 75 U.S. cents in the following weeks.
Joe Hockey, Treasurer of Australia, says members of the Group of 20 leading economies remain committed to the growth target, with some countries such as Australia moving further than their initial goals.
The dollar stood lower on Friday as data showing U.S. unemployment in August at its lowest since 2008.
The euro fell 1 percent on Thursday, surrendering most of the solid gains put up against the dollar.
The dollar rose on Wednesday as fragile global stock markets steadied.
The Australian dollar cracked below the key psychological level of $0.70 for the first time in over six years on Wednesday.
The yen and the euro rose on concerns about China, as investors unwound bets against the two currencies used to fund holding riskier assets.
David de Garis, senior FICC economist at National Australia Bank, talks about Australia's currency and recent decisions by the country's central bank.