The dollar hit an eight-month high against a basket of currencies on Friday.» Read More
New Zealand's Deputy PM and Finance Minister Bill English discusses the impact of China's slowdown on NZ, and his country's ties with Australia.
*AUD pressured by slumping oil, China market fears. TOKYO, Oct 22- The euro struggled to break above its recent ranges ahead of the European Central Bank meeting later Thursday that could pave the way for an eventual extension of the bank's quantitative easing steps. "The consensus view is that we won't see additional stimulus, but the door will be left open," Chris...
The dollar rose against emerging market and commodity-linked currencies on Wednesday.
The euro rose against the dollar on Tuesday, after falling for three straight sessions.
The recovery in commodity prices and related currencies is still tentative, says Christy Tan, head of markets strategy in Asia at National Australia Bank.
The euro slipped to a 10-day low against the dollar on Monday, as investors eyed a European Central Bank meeting later in the week.
The dollar rose broadly, as traders reckoned the Federal Reserve might raise interest rates later this year.
An online petition to change the name of Australia's currency to "dollarydoos" has received support from more than 13,000 people.
The dollar rose against a basket of currencies as underlying domestic inflation strengthened more than expected in September.
The dollar sank to a seven-week low against a basket of currencies on Wednesday.
*China seen making Fed wait longer before hiking rate. LONDON, Oct 14- The dollar traded near a 3 1/ 2- week low against a basket of currencies on Wednesday as more signs of weakness in China bolstered expectations the U.S. China is a huge export market for Australia and the Australian dollar is used as a proxy for investments to China.
The assumption other banks will follow Westpac's move to increase home loan rates is driving Australian financials stocks higher, says Martin Smith, head of markets analysis at East & Partners.
The Australian dollar is under pressure from softer China data and Westpac's move to hike mortgage rates, explains Sally Auld, fixed income and FX strategist, Australia & New Zealand at JPMorgan.
Currencies linked to Chinese growth fell for the first time in over a week on Tuesday.
Richard Jerram, chief economist of the Bank of Singapore, says Australia's economy may have reached comfortable levels on the back of a "more sensible" Australian dollar.
The dollar hovered near a three-week low on Monday, anchored by the doubts over the potential for a rise in U.S. interest rates this year.
The U.S. dollar hit multi-week lows against the euro and Swiss franc on Friday.
LONDON, Oct 9- Commodity and growth-linked currencies like the Australian dollar rose on Friday, and were set to end the week on a high note on the back of a risk rally that saw the safe-haven yen come under pressure. That lifted some of the gloom that enveloped riskier asset classes like stocks and commodities in August and early-September when worries about a...
SINGAPORE, Oct 9- The Australian dollar hit a six-week high and emerging Asian currencies rallied on Friday, as the greenback came under pressure due to increasing doubts that the U.S. The Australian dollar rose to $0.7283 at one point, its highest level since Aug. 24. It last traded at $0.7279, up 0.3 percent.
Global instability is not a positive environment for the Aussie, says Elias Haddad, senior currency strategist at Commonwealth Bank of Australia.