The dollar fell against most currencies, while the yen dropped to its lowest in nearly four weeks versus the greenback on Monday.
The sell-off in commodity currencies over the past two weeks has hit the Norwegian krone particularly hard, but according to one strategist the decline is "overdone" and the krone is set for a rebound.
With the Fed tapering on the cards, Ray Attrill, Co-Head of FX Strategy at NAB says the U.S. Dollar has a lot of upside ahead.
The dollar advanced against the yen and the euro on Friday as investors resumed pricing in the possibility that the Federal Reserve will begin to pare back its bond-buying program as soon as its September policy meeting.
Chris Weston, Head of Sales and Research at IG is looking for USD/JPY to move north of 105 later this year.
The dollar slid against the euro on Thursday, after two days of gains as Federal Reserve officials downplayed expectations the U.S. central bank would start scaling back its stimulus program and said the Fed could buy bonds again if the economy weakens.
Brian Jackson, Global FX Strategist at Coutts sees further downside for the Aussie dollar this year. He says the Reserve Bank of Australia could have one more rate cut in the next few months.
As Kevin Rudd takes over the reins from Julia Gillard, David Forrester, Senior Vice President, G10 FX Strategy at Macquarie, predicts how this political event will shape AUD movements ahead of the next general elections.
The euro declined to a three-week low against the U.S. dollar and fell against Japan's yen on Wednesday after ECB President Mario Draghi highlighted risks to euro zone growth and said monetary policy will stay accommodative.
Thomas Harr, Head of Asia Local Markets Strategy at Standard Chartered Bank analyzes the latest move by China's central bank.
The euro hit session highs on Monday, rallying from nearly three week lows, in tandem with U.S. stocks paring their losses and commodities gaining sharply.
The U.S. dollar was headed for its biggest weekly gain in almost a year against major currencies on Friday.
The dollar trimmed its gains versus the euro and yen after data showed the number of Americans filing new claims for unemployment benefits rose more than expected last week.
Nick Verdi, Director of FX Strategy, Asia Pacific ex-Japan, from Barclays, discusses his outlook for the Australian dollar - which slumped to its lowest level since 2010 on Thursday.
The U.S. dollar reversed early losses and rose against the euro and yen on Wednesday after the Federal Reserve said it sees diminished downside risks to the economy.
The U.S. dollar rose for a second day against the yen on Tuesday as some traders bet the Federal Reserve may signal it is almost ready to reduce its bond buying program.
John Horner, FX Strategist at Deutsche Bank says "Abenomics" will continue to help the yen weaken.
The yen fell against the dollar and the euro as global stocks rebounded, but the Japanese currency may stay near two-month highs until investors get more clarity on the Federal Reserve's ultra-loose policy.
The yen rose against the U.S. dollar on Friday for a fourth straight day as investors unwound bets against the Japanese currency due to uncertainty surrounding central banks.
The yen rose against the dollar to levels not seen since the Bank of Japan unleashed its aggressive stimulus in early April.