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.» Read More
Emerging market currencies will be "more volatile" as we go into 2015, says Luis Costa, head of CEEMEA FX and rates strategy at Citi.
Investors consolidated gains made following a strong U.S. jobs report that is expected to trigger an interest rate increase next year.
The U.S. dollar reached fresh multiyear highs on Friday after a stronger-than-forecast November U.S. jobs report.
The euro rebounded from a more than two-year low against the dollar on Thursday.
The U.S. dollar demonstrated broad-based strength on Wednesday, bolstered by more upbeat comments on the U.S. economy
The dollar rebounded on Tuesday, supported by a retreat in oil prices that has helped to lift it against commodity-linked currencies.
The dollar fell on Monday against the yen and euro as profit-taking emerged after it reached a seven-year high against the yen.
The dollar gained on Friday as concerns about continuing low oil prices added to deflation fears in the euro zone and Japan.
The euro fell against the dollar after data showed Spanish consumer prices falling more than expected.
Disappointing U.S. data raised concern that the world's biggest economy is losing momentum in the final months of 2014.
The yen rose on Tuesday after Bank of Japan minutes showed the hurdle to further quantitative easing was high.
The euro rose against the dollar and yen on Monday due to encouraging German business data and remarks from a top European Central Bank official.
Asia shares are set for a slightly better year after 2014's low returns, but bigger gains will come from reform plays in China and India, Goldman said.
Douglas Morton, head of Asia research at Aviate Global discusses China's recent moves to cut interest rates and how it was a surprise to many because it was such a "broad-based interest cut".
The euro fell sharply on Friday after European Central Bank chief Mario Draghi signaled the organization could launch further monetary easing.
The US dollar has recovered from session lows of 117.75 yen, while the euro fell slightly from around $1.255 to $1.245.
The greenback will rise steadily against each of its major counterparts in the next year as the Fed looks to raise rates, according to HSBC's David Bloom.
Jonathan Pain, Author of The Pain Report, says the mainland economy faces an "inevitable deceleration" and could see 5-6 percent annual growth over the next 5 years.
Forget those fears about China's holdings of U.S. Treasurys. Now, some managers are pointing to buying China's government bonds as the next big play.
The US dollar was slightly weaker against the euro and the yen after the Federal Reserve released the minutes of last month's meeting.