The dollar hit a one-month high on Monday and stood tall against other peers after comments by Janet Yellen enhanced the prospects of a rate hike. » Read More
As the U.S. dollar fell to its lowest since January 2015, currency experts told CNBC the currency's decline had further to run.
The Bank of Japan made a “fateful miscalculation” when it opted to hold interest rates at its meeting last week, Goldman Sachs has said.
SINGAPORE, May 3- The yen hit a fresh 18- month high against the U.S. dollar on Tuesday and jumped against the Australian dollar, after Australia's central bank cut interest rates to a record low. The U.S. dollar fell to 105.78 yen at one point, its lowest level since October 2014. The yen added to its gains as the Australian dollar skidded after the Reserve Bank of...
SINGAPORE, May 3- The U.S. dollar fell below 106.00 yen for the first time in about 18 months on Tuesday, as the yen surged against the Australian dollar after Australia's central bank cut interest rates to a record low of 1.75 percent. The U.S dollar slipped to as low as 105.91 yen at one point, its lowest level since October 2014. The greenback last traded at 105.97 yen,...
SINGAPORE, May 3- The dollar set a fresh 18- month low versus the yen on Tuesday, as the yen pushed higher in a holiday-thinned market, while the Australian dollar held firm ahead of an interest rate decision from Australia's central bank. The dollar fell 0.3 percent to 106.09 yen, and fell to as low as 106.05 yen at one point, its lowest level since October 2014.
The dollar recovered slightly on Monday from its biggest weekly fall in more than seven years against the yen.
The yen built further on a round of strong gains since the Bank of Japan meeting, moving to an 18-month high against the dollar.
The dollar pared losses against the yen, but was still on track to notch its biggest daily loss against the Japanese currency in eight months.
The dollar index briefly popped, holding about 0.2 percent higher, before holding slightly lower.
*Aussie plunges after surprisingly soft Australian CPI. SYDNEY/ TOKYO, April 27- The dollar remained subdued on Wednesday after a broad retreat overnight ahead of policy decisions by both the Federal Reserve and Bank of Japan, while the Australian dollar tumbled after data showed core inflation unexpectedly slowed to the lowest on record.
The RBA won't ease immediately as the soft CPI data helped weaken the Aussie dollar against the greenback, says Societe Generale's Toby Lawson.
SYDNEY/ TOKYO, April 27- The Australian dollar tumbled on Wednesday after surprisingly soft local inflation data, while the dollar and yen were on the defensive after a broad retreat overnight ahead of policy decisions by both the Federal Reserve and Bank of Japan. The Australian dollar fell more than 1 percent to $0.7672 after data showed Australia's consumer...
*Australia CPI could provide a brief distraction for AUD. SYDNEY, April 26- The dollar and yen were on the defensive early on Wednesday, having suffered a broad retreat overnight as investors hunker down ahead of policy decisions by both the Federal Reserve and Bank of Japan. It was back flirting with $1.1300, pulling further away from a trough of $1.1216 set...
The dollar weakened against major currencies after weaker-than-expected U.S. economic data reinforced views that the Fed would take a dovish stance.
The U.S. dollar slipped against the yen on Monday as traders took profits from the greenback's recent rally against the Japanese currency.
The yen hit a 2 1/2-week low against the dollar on a report said the Bank of Japan was considering helping banks by applying negative rates.
The dollar recovered against the euro after ECB meeting as traders focus on next week's Fed meeting.
Commodity-linked currencies such as the Australian and Canadian dollars inched towards recent peaks on Wednesday.
The Australian market has rallied nearly 10 percent off its bear-market low in February, but the gains are just getting started, Credit Suisse said.
Commodity currencies like the Australian and New Zealand dollars soared to 10-month highs against the U.S. dollar.