The dollar rebounded from a three-week low on Friday, a day after the Federal Reserve kept U.S. interest rates on hold.
The Fed's inactivity has left no doubt in analysts' minds that other central banks will now look to ease policy further.
Valentin Marinov, managing director and head of G10 FX research at Credit Agricole, says the combination of risks in Brazil makes the currency a less attractive investment and shares his thoughts on which currencies to buy.
The dollar hit session lows against the euro and fell versus the yen following the much-anticipated policy decision by the Federal Reserve.
The dollar slid on Wednesday, as a surprise decline in U.S. inflation last month tempered expectations that the Federal Reserve would raise rates.
The dollar rose on Tuesday, as Wall Street rallied on solid retail sales data.
The dollar hit an almost three-week low ahead of this week's Federal Reserve meeting, as investors bet interest rates would be held.
The Swiss Franc has recently defied its decade-long safe haven status.
The dollar was lower on Friday in thin, listless trading ahead of next week's Federal Reserve policymaking meeting.
The dollar softened on Thursday as global stock markets turned down.
S&P stripped Brazil of its investment-grade credit rating, calling into question the government's efforts to regain market trust.
The dollar rose on Wednesday, following equities rallies on Wall Street, Europe and Asia.
The dollar was mixed as rising stock markets and positive German economic data gave global investors reasons to throttle down the risk aversion.
The dollar clawed back some of the ground it had lost against the yen on Monday, after skidding on mixed U.S. employment data.
The dollar stood lower on Friday as data showing U.S. unemployment in August at its lowest since 2008.
The euro fell 1 percent on Thursday, surrendering most of the solid gains put up against the dollar.
The yen and the euro rose on concerns about China, as investors unwound bets against the two currencies used to fund holding riskier assets.
The dollar lost ground against the yen and the euro as global stock markets began the week in the red, prompting investors to trim bets.
The dollar rose to one-week highs on Friday.
The dollar advanced for a third consecutive session on Thursday, bolstered by data showing a much stronger U.S. economy.