The dollar fell from a seven-week high as U.S. bond yields declined and as investors speculated the Fed will be cautious in reducing its stimulus.
The dollar fell to near two-week lows against major currencies on Wednesday as some traders pared back bets on a reduction in stimulus by the Federal Reserve next week.
The dollar rose to a near seven-week high against the yen on Tuesday as easing tensions over Syria and encouraging Chinese economic data eroded demand for the safe-haven Japanese currency.
Dale Gillham, Chief market Analyst at Wealth Within says the Reserve Bank of Australia could start raising interest rates, and investors should be positioning their portfolios for this.
John Noonan, Senior FX Analyst at Thomson Reuters expects the Aussie to recover further in the coming weeks, noting that a break above $0.9350 will be very positive for the currency.
Kelvin Tay, Regional CIO, Southern APAC at UBS Wealth Management says Australia's luck is about to run out, as China's demand for commodities will soon flatten out.
The dollar slipped against most major currencies on Monday after last week's disappointing U.S. jobs data fueled uncertainty about whether the Federal Reserve will begin to taper its stimulus program this month.
The dollar fell from a seven-week high against the euro on Friday after an eagerly anticipated U.S. jobs report disappointed investors hoping for data that would pave the way for the Federal Reserve to begin unwinding its monetary stimulus this month.
George Lucas, Managing Director at Instreet Investment discusses his trades post the Australian election.
Mark Todd, Director of Fixed Income Sales at FIIG speaks about the coalition budget and the run-up to the elections.
The dollar rose to a seven-week peak against the euro on Thursday after the head of the European Central Bank said its Governing Council expects key ECB interest rates to remain at present or lower levels for an extended period.
The dollar dropped against the euro on Wednesday for the first time in six sessions and retreated from a six-week high against a basket of currencies as data reflecting a growing world economy boosted investors' risk appetite.
The dollar rose to a six-week high against major currencies on Tuesday after stronger-than-expected U.S. economic data bolstered expectations the Federal Reserve will start scaling back stimulus this month.
Callum Henderson, Global Head of FX Research at Standard Chartered tells CNBC's Cash Flow why he thinks the U.S. dollar is still the wisest trade at the moment.
The dollar rose to a one-month high against the safe-haven yen on Monday as worries about a military strike against Syria diminished, while commodity currencies edged higher.
Chris Tedder, Research Analyst at FOREX.com expects more weaker data out of Australia that will weigh on the AUD.
The U.S. dollar reached a four-week peak against a basket of major currencies on Friday as investors sought its safe-haven status on the possibility of a U.S. military strike on Syria.
The dollar was on track for its largest daily gain against the euro in four months after U.S. data emboldened the view that the Federal Reserve could next month begin tapering.
Lachlan Colquhoun, Head of Market's Analysis at East & Partners says Australian importing and exporting businesses have taken a bearish view of the Australian dollar, forecasting it to fall to 87c by June 2014.