*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...» Read More
Jonathan Cavenagh, Senior FX Strategist at Westpac, says the euro could hit 1.05 or 1.06 per dollar over the next two to three months.
Toby Lawson, Managing Director of Societe Generale Newedge, says foreign investors still feel spooked from Beijing's recent intervention, but he doesn't expect that to last for too long.
Steven Englander, Global Head of G10 FX Strategy at Citibank, says a September rate hike is increasing looking likely now that Greece has received a bailout and China stock markets are stabilizing.
The dollar strengthened across the board on Monday after euro zone leaders clinched a deal with Greece in an all-night summit.
Dominic Schnider, Head of Commodity & APAC Forex at UBS Wealth Management, explains his optimism even as an emergency summit in Brussels continues into Monday.
The euro advanced across the board on optimism Greece was making progress in efforts to secure funding and stay in the euro zone.
Elias Haddad, senior currency strategist at Commonwealth Bank, discusses the retreat in the safe-haven yen against the greenback amid growing signs of a Greek deal.
Martin Lakos, division director at Macquarie Private Wealth, says the correction in Chinese shares is inevitable following a sharp run-up and it is unlikely to have a dramatic impact on the wealth effect.
Sally Auld, fixed income and FX strategist at JP Morgan, expects the euro to fall to $1.05 against the greenback by year-end on the back of diverging monetary policies in the U.S. and Europe.
The safe-haven yen and Swiss franc fell on Thursday after Chinese stocks rebounded.
The yen rose to a seven-week high against the dollar on Wednesday, as investors bought the Japanese currency for safety.
The euro will dip if Greece leaves the euro zone, but a protracted downtrend is unlikely, FX strategist Jens Nordvig says.
Adarsh Sinha, head of Asia Pacific G10 FX Strategy at BofA Merrill Lynch Global Research, explains why he is shorting the Australian dollar versus the Japanese yen.
*Aussie shaky but off six-year low of $0.7398. SYDNEY, July 8- The euro steadied early on Wednesday, having climbed off a five-week trough in line with a rebound in risk assets as the latest emergency meeting of European leaders ended with a sliver of hope still left for Greece. The Australian dollar, usually sold off in times of heightened risk aversion, bounced to...
The euro fell more than 1 percent against a buoyant U.S. dollar on Tuesday.
The euro slipped against a stronger dollar, falling over 1 percent after the European Central Bank toughened up on Greek banks.
There is no incentive for the Reserve Bank of Australia to cut rates now that the Australian dollar is trading below the $0.75 level, says Michael Gable, MD & founder of Fairmont Equities.
Savanth Sebastian, equities economist at CommSec, expects the Reserve Bank of Australia to focus on the Australian currency and the pullback in Chinese stocks at its monthly policy meeting.
The Reserve Bank of Australia will likely keep interest rates on hold as the central bank assesses how its earlier rate cuts are filtering through the economy, says Katrina Ell, economist at Moody's Analytics.
The euro tumbled across the board, but was off its lows, after Greece voted to reject the conditions tied to the country's debt bailout deal.