The dollar reached an 8 1/2-month high on Monday, as the prospect of further stimulus from the European Central Bank drove the euro lower.» Read More
Global instability is not a positive environment for the Aussie, says Elias Haddad, senior currency strategist at Commonwealth Bank of Australia.
The U.S. dollar held lower on Thursday after the release of the Federal Reserve minutes.
Optimism toward global economic growth boosted risk appetite and drove the U.S. dollar higher.
The dollar slipped against a basket of major currencies on Tuesday on continued expectations that the Fed will not hike this year.
The Aussie dollar has further room to fall and adjust to support weak demand for Australia's commodity exports, says Malcolm Wood, chief investment strategist at BAML.
TOKYO, Oct 6- The dollar stood tall versus the yen on Tuesday as improving investor risk appetite worked against the safe-haven Japanese currency, which was also under pressure from the prospect of the Bank of Japan eventually easing monetary policy. Better risk appetite in turn helped the Australian dollar to a 2- week high, with the Aussie further boosted when...
Australia's economic engine has sputtered as the commodities boom loses steam, but the country could get a fillip from legalizing same-sex marriage.
The U.S. dollar rose against a basket of major currencies on renewed risk appetite.
The euro reversed earlier losses to trade sharply higher on Friday after the September jobs report widely missed expectations.
The yen and euro came under pressure on Thursday, as stock markets edged higher after their worst quarterly performance in four years.
*Aussie edges up after China PMI; China markets closed. TOKYO, Oct 1- Asian stocks rose on Thursday, drawing strength from overnight gains in global equities markets following their weakest quarter in four years, and a China factory activity survey that came in slightly better than initially expected. The Australian dollar, used as a proxy of China- related trades,...
The euro lost ground on Wednesday on data showing euro zone inflation dipped back into negative territory in September.
The yen and Swiss franc were the winners on Tuesday as risk aversion swept global markets, underpinning flows into safe haven currencies.
The yen rose on Monday, gaining around 0.6 percent against the dollar and the euro.
The Australian dollar is oversold and will likely strengthen against the greenback, says Scott Cavanough, Senior VP of Financial Markets at Compass Global Markets.
The dollar rallied after U.S. Federal Reserve Chair Janet Yellen left the door open to a hike in interest rates later this year.
The U.S. dollar extended its decline against the euro on Thursday.
The dollar slipped against the euro on Wednesday after Mario Draghi said the ECB needed more time to assess whether to boost QE.
*China Sept flash factory PMI hits 6-1/ 2- year low. SINGAPORE, Sept 23- The Australian dollar tumbled and the yen rose on Wednesday after a survey showed Chinese factory activity fell to a 6-1/ 2- year low, clouding the outlook for global growth. The Australian dollar, which is seen as a liquid proxy for China plays, fell 0.9 percent to $0.7026, pulling further away from a...
Elias Haddad, senior currency strategist at Commonwealth Bank of Australia, says the flash Caixin purchasing managers' index for September adds to the concerns over global growth.