This strategist expects Friday's nonfarm payroll report to boost risk appetite and give the Australian dollar a boost.
The dollar climbed to a three-week high against a basket of currencies as concerns about budget wrangling in Washington drove investors to the U.S. currency.
Todd Elmer, Currency Strategist, Citi says the Fed's continued quantitative easing, and the stabilization of the Chinese economy will help push the Australian dollar higher.
The dollar suffered against higher-yielding currencies after U.S. lawmakers approved a last-minute deal to avert huge tax rises and spending cuts, spurring demand for riskier investments.
Richard Yetsenga, Head of Global Markets Research, ANZ says a U.S. fiscal cliff agreement is slipping away, but he doesn't think investors will be buying into the U.S. dollar as a safety bid.
If you want to avoid big swings in risk appetite, look for currencies other than the U.S. dollar, this expert says.
The safe-haven yen finally saw some demand but Washington worries weighed on the euro - it's time for your FX Fix.
Web-only advice and information for currency traders, with CNBC's Melissa Lee and the Money In Motion traders.
The U.S. dollar edged up to a two-week high against major currencies Friday as investors waited to see if U.S. politicians can strike a last-minute budget deal.
'Cliff' talks curb currency moves and the yen slides again - it's time for your Friday FX Fix.
As central banks in both the U.S. and Japan look set to continue aggressive monetary easing policies in 2013, Dan Harden, senior commercial dealer at Global Reach Partners has told CNBC traders should short both countries' currencies and look for high yields from the Australian and New Zealand dollar.
The yen fell to its lowest against the dollar in more than two years on Thursday, on expectations Tokyo will push for aggressive monetary stimulus.
The prospect of aggressive stimulus keeps the yen sliding and the nearing 'fiscal cliff' weighs on the dollar - it's time for your FX Fix.
The yen hit a 20-month low against the dollar on Tuesday as Japan's incoming prime minister stepped up pressure on the Bank of Japan (BOJ) to easy monetary policy, while the dollar was buoyed by uncertainty about U.S. budget talks.
Robert Rennie, Global Head of FX Strategy, Westpac Bank predicts there will be at least one more rate cut by the RBA, sometime in February or March.
The latest 'fiscal cliff' impasse trips up risk-sensitve currencies and a lower growth forecast dents the krona - it's time for your FX Fix.
South Africa's currency may have taken a battering in recent months, making it one of the worst performing major currencies this year, but analysts have told CNBC that the rand (ZAR) could be ready for a turnaround in 2013.
Geoff Wilson, Portfolio Manager, Wilson Asset Management discusses his investment strategy as the markets down under wrap up the year. He's buying small firms that he believes will bring reasonable growth.
Paul Bloxham, Chief Economist for Australia and New Zealand, HSBC says that the Australian dollar will continue to stay high as the country's economic fundamentals are strong.
Kelvin Tay, Regional CIO, Southern APAC, UBS Wealth Management says the Australian dollar is overvalued but he sees a possibility of it being used in a yen carry trade if the yen weakens.