The euro was steady against the dollar on Thursday after disappointing euro zone data drew it away from a two-year high.
The dollar set a fresh two-year low against the euro on Wednesday after disappointing U.S. jobs data cemented expectations that the Federal Reserve will not taper until early next year.
Miles Eakers, head of foreign exchange at Savi Trading, says many currencies are overvalued against the dollar and will offset the strength of the greenback.
The dollar climbed against the yen and the Swiss franc on Monday.
David Walker, Head of Equities Research at StocksInValue thinks the Australian market is modestly overvalued. He sees stocks at a modest premium to the intrinsic value estimate.
The dollar fell to eight-and-a-half-month lows against the euro and a currency basket on Friday.
The dollar index slid Thursday as a deal to end the U.S. debt stalemate prompted investors to focus on the economic impact of the government shutdown.
The dollar rose against most currencies on Wednesday after the Senate announced a deal that would avert a U.S. default and re-open government.
The dollar dropped to session lows against the yen on Tuesday as talks on raising the U.S. debt ceiling floundered.
Kara Ordway, FX Strategist, City Index says Australian dollar movements reflect some positive risk sentiment.
The dollar slipped on Monday and the yen rose on safe-haven demand, as lawmakers struggled to reach a deal before this week's debt ceiling deadline.
The dollar index rose Friday, heading for its first weekly gain in five, as optimism grew that Congress will reach a stop-gap deal to avert default.
The dollar rose to a two-week high against major currencies as optimism grew that lawmakers might reach a deal to avert a U.S. debt default.
Stuart Grimshaw, CEO, Bank of Queensland speaks about the bank's journey back to profit, and why he isn't expecting much of an improvement in market conditions in 2014.
The dollar rose on Wednesday as news that Federal Reserve Vice Chair Janet Yellen will be nominated as the next chief removed uncertainty in markets.
The dollar remained near its recent eight-month lows as U.S. lawmakers struggled to find a solution to the country's budget and debt problems.
The dollar index rose for the first time in six sessions but was within striking distance of a recent eight-month low investors remained cautious.
The U.S. dollar index fell for a fifth straight session against, hitting an eight-month low, as investors fretted about a U.S. government shutdown.
The euro soared to an eight-month high vs the dollar on Wednesday as ECB President Mario Draghi stuck with the bank's current monetary policy stance.
The dollar traded broadly lower on Tuesday, but came off its deepest lows of the day after robust U.S. manufacturing data offset fears that the U.S. government's first partial shutdown in 17 years would clip the economic recovery.