JPMorgan Investment Bank's Laura Fitzsimmons talks about what to make of the euro and the impact of China trade data on the Aussie dollar.
The dollar fell against the yen after a report from the Sankei newspaper that Bank of Japan policymakers are divided ahead of the central bank's next meeting.
The dollar fell on Tuesday after the release of a report on U.S. economic data that showed its worst reading since February 2010.
TOKYO, Sept 6- The yen kept some distance from a one-month low against the dollar on Tuesday after Bank of Japan Governor Haruhiko Kuroda held back from signalling further easing, acknowledging instead the costs of the BOJ's aggressive stimulus. The Australian dollar gained 0.5 percent after news Australia's current deficit was smaller than expected in...
This came after the head of the BOJ disappointed investors who had expected a clear signal that monetary policy would be eased.
The dollar fell on Friday after the jobs data disappointed.
The Fed is data dependent, and as such would not likely use the U.S. elections as an excuse to hold off hiking rates, says ANZ Head of Asia Research.
Sterling jumped 1 percent against the dollar and hit a one-month high against the euro on Thursday.
CURRENCY SHARE RANK SHARE RANK SHARE RANK USD 84.9 1 87.0 1 87.6 1 EUR 39.1 2 33.4 2 31.3 2 JPY 19.0 3 23.1 3 21.6 3 GBP 12.9 4 11.8 4 12.8 4 AUD 7.6 5 8.6 5 6.9 5 CAD 5.3 7 4.6 7 5.1 6 CHF 6.3 6 5.2 6 4.8 7 CNY 0.9 17 2.2 9 4.0 8 SEK 2.2 9 1.8 11 2.2 9 MXN 1.3 14 2.5 8 2.2 10.
*AUD edge off low after slightly better than expected China data. Earlier in the week, the U.S. currency had carved out significant gains against its peers following comments from Federal Reserve Chair Janet Yellen last Friday at a central bankers' gathering in Jackson Hole, Wyoming that revived near-term rate hike prospects. The dollar will not be making much...
This came as investors reversed bets made against the greenback on speculation that the Fed would not hike interest rates anytime soon.
The dollar hovering near a two-week high against a basket of currencies with investors focused on the next set of U.S. data.
The dollar rose after senior Federal Reserve officials bolstered expectations that U.S. interest rates will rise soon.
Markets will be eyeing non-farm payrolls due Friday as the data will have an impact on Fed expectations, says National Australia Bank's Christy Tan.
The newly resurgent dollar pressured Asian currencies as markets revived bets that the Fed could possibly raise interest rates as soon as next month.
The dollar inched up on Friday as investors digested a speech from Federal Reserve Chair Janet Yellen.
The dollar was range-bound in illiquid Asian trade as currencies tread water ahead of the global central bankers' gathering in Jackson Hole.
Investors focused on a gathering of central bankers for clues on when the U.S. Federal Reserve will hike interest rates again.
Investors shifted their focus away from hawkish remarks on interest rates by Fed officials and towards Friday's Jackson Hole meeting.
New Zealand's central bank said its current interest rate track involves further cuts to balance risks while generating an increase in CPI inflation.