Valentin Marinov, director of FX Strategy at Citi, tells CNBC that the Aussie is buy as markets are looking at two rate cuts from the RBA by the end of the year.
The dollar extended gains against the euro and yen on Wednesday, hitting session highs after data showed the U.S. economy grew faster than expected in the second quarter.
The dollar edged higher on Tuesday, recovering from recent falls, on caution that the Federal Reserve may lay the groundwork for curbing stimulus at a policy meeting this week.
The dollar fell to a one-month low against the yen on Monday and a five-week trough against a basket of currencies on expectations the Fed intends to keep interest rates low.
The dollar fell to a five-week low against a basket of major currencies on Friday.
Martin Lakos, Division Director at Macquarie Private Wealth, says Australia may be coming into a period of slower GDP growth but he explains why he expects corporate earnings to pick up.
The dollar fell to a fresh one-month low against the euro on Thursday in thin trading, as investors tested key resistance levels in the euro zone currency.
Boris Schlossberg, managing director at BK Asset Management, explains how the Chinese slowdown will affect profits and currencies.
Peter Rosenstreich, Chief FX Analyst at Swissquote Bank favors the Mexican peso against the Japanese yen.
The dollar rallied across the board on Wednesday, bolstered by a rise in U.S. Treasury yields that suggested the recovery in the world's largest economy was firmly on track.
The dollar was broadly weaker on Tuesday, falling to a one-month low against the euro in thin trading.
Thanos Vamvakidis, head of European G10 foreign exchange strategy at BofA Merrill Lynch Global Research, explains why he expects a short-term weakening of the dollar.
The yen rose against the dollar for the first time in four sessions on Monday after Japanese Prime Minister Shinzo Abe won a widely expected victory in elections for parliament's upper house.
The dollar fell against the yen in late trade on Friday as investors adjusted positions before Japan's upper house elections on Sunday.
The yen fell across the board on Thursday as traders bet Japan's upper house elections would strengthen Prime Minister Shinzo Abe's position.
The dollar rose broadly on Wednesday after Federal Reserve Chairman Ben Bernanke confirmed market expectations that the U.S. central bank will start reducing its monetary stimulus.
The dollar stayed on the defensive on Wednesday ahead of Federal Reserve Ben Bernanke's semi-annual testimony in Congress later in the day.
Kingsley Jones, Founder & CIO at Jevons Global explains his call on how to trade the Aussie.
Jane Foley, senior currency strategist at Rabobank, says that the Aussie dollar is getting higher, after bottoming.
The dollar eased versus a basket of currencies Tuesday, supported by the view that the Fed is likely to be the first to move away from ultra-loose monetary policy.