Keagan York, Head of FX Strategy at Compass Global Markets forecasts the bottom for the Australian dollar will be 93.25 against the greenback.
The yen soared on Tuesday after the Bank of Japan decided not to announce additional measures to curb recent volatility in the bond market.
The dollar rose sharply versus the yen on Monday, bolstered by stronger-than-forecast Japanese data and a Standard & Poor's upgrade to the credit outlook for the United States.
The dollar recovered on Friday from steep losses in the previous session after a government report showed a reasonably healthy pace of U.S. job creation in May.
The dollar fell sharply against the yen and euro on Thursday, hitting levels not seen in months, as investors fretted that upcoming U.S. jobs data would disappoint.
Nathan Bell, Research Director at Intelligent Investor says Australian companies with a global focus should benefit from the weaker Australian dollar, and shareholders will reap the returns.
Todd Elmer, Currency Strategist at Citi explains why now is the time short the Australian dollar. He says a slowing China has led him to change his previous bullish call on the currency.
The dollar weakened against most currencies on Wednesday after a report showed hiring in the U.S. private sector fell short of expectations last month.
The dollar recovered against the yen on Tuesday as investors sought to take advantage of the previous day's cheapening to buy back the U.S. currency.
Mitul Kotecha, Head of Global FX Strategy at Credit Agricole CIB says the AUD is looking relatively cheap and thinks it will bottom at about 0.96.
Savanth Sebastian, Equities Economist at Commonwealth Securities talks about what to expect from the Australian economy as the RBA prepares to announce their decision on rates
The dollar plunged against a broad swath of currencies on Monday as weak U.S. manufacturing data curbed expectations that the Fed will rein in its bond purchases soon.
Greg Matwejev, Director, FX Hedge Fund Sales and Trading, Newedge says the Japan QE story is compelling but expect some volatility ahead for the Japanese Yen. Kumar Palghat, Director at Kapstream joins in the conversation.
Joe Magyer, Senior Analyst at The Motley Fool gives his arguments for being bullish on the US economy but not on the US equity markets.
The dollar rose Friday and was headed for its eighth straight month of gains against the yen on robust U.S. economic data.
CNBC's Rick Santelli talks with Miller Tabak's Matt Maley about how the price of lumber is impacting the housing recovery.
Jesper Bargmann, Head of G11 SPOT FX, Asia Pacific at RBS Global Banking & Markets says the AUD will continue to trade as a proxy for growth in China.
Stephen Hogan, Senior Advisor at Novus Capital warns investors against shorting Australian banks as share prices fall. He says the banks will be well supported, and their dividend yields are very attractive.
The U.S. dollar fell to a three-week low against the euro after weaker-than-expected U.S. economic data boosted expectations the Fed will keep its monetary stimulus in place.
Ian Stannard, head of European FX strategy at Morgan Stanley, expects the corrections to impact currencies with short-term corrective pressure on the dollar and a rebound in the euro and sterling.