The dollar advanced for a third consecutive session on Thursday, bolstered by data showing a much stronger U.S. economy.» Read More
The slump in EM currencies could persist well past the Fed's first rate rise, due to Chinese economic weakness and commodity prices that have yet to bottom out, analysts have warned.
Sean Callow, senior currency strategist at Westpac, says the U.S. dollar lost some of its value against most of the major currencies on Friday because July's jobs report wasn't a gamechanger.
Magnus Nicolin, CEO at Ansell, discusses the company's warning on how volatile exchange rates could take a toll on its revenue in the year ahead.
Australian banks and miners will be the losers in this corporate reporting season, says Joe Magyer, senior analyst at The Motley Fool.
The dollar dropped from a near four-month high against a currency basket on Friday, as investors pared back bullish bets following jobs data.
The dollar edged lower against major currencies in choppy trading on Thursday, as investors balanced their positions ahead of Friday's data.
The dollar traded little changed on Wednesday as data showed the U.S. services sector expanded at its fastest pace in 10 years.
Todd Elmer, currency strategist at Citi, discusses comments from Dennis Lockhart, Federal Reserve Bank of Atlanta President, that the U.S. economy is ready for its first rate hike in more than nine years.
The dollar rose on Tuesday as a top Fed official voiced support for an interest rate increase in September despite a batch of disappointing data.
*Loonie hits 11- year lows as oil prices sink on China worries. TOKYO/ SYDNEY, Aug 4- The Australian dollar rose on Tuesday after the Reserve Bank of Australia took a more measured view on the currency's weakness, while the Canadian dollar languished at 11- year lows as a continuing selloff in oil prices thrust the loonie and other commodity currencies into the...
The Australian dollar rallied after the Reserve Bank of Australia surprised some by tempering its call for a lower currency, triggering a short squeeze.
With the cash rate sitting at a record low of 2 percent, the Reserve Bank of Australia needs "solid evidence" for further easing, says Sean Fenton, director & portfolio manager at Tribeca Investment Partners.
Savanth Sebastian, equities economist at CommSec, says the Reserve Bank of Australia is unlikely to cut rates following resilient job growth and a weaker Australian dollar.
Matthew Circosta, economist at Moody's Analytics, says Tuesday's retail sales and trade data are headed in the right direction hence the Reserve Bank of Australia will likely leave interest rates on hold.
While declining gold prices will inevitably hurt revenue, gold miners are getting help from falling local currencies and oil costs, says Greg Foulis, CEO of Kingsgate Consolidated.
Matthew Hegarty, senior analyst at Antipodes Global Investment Partners, says the Reserve Bank of Australia (RBA) sees no incentive to lower interest rates on the back of a weaker Aussie dollar.
Ian Murray, executive chairman at Gold Road Resources, says some miners are "making good money" from the current gold price in Australian dollars. He later introduces the company's latest discovery: the Gruyere deposit.
Paul Bloxham, chief economist for Australia and New Zealand at HSBC, expects the Reserve Bank of Australia to keep interest rates steady following the recent fall in the Australian dollar.
The dollar gained as investors looked ahead to jobs data on Friday that is expected to show a still strengthening labor market.
The dollar's appreciation has "peaked" and the U.S. economy is "doing nothing," an economist has told CNBC.