Thailand's central bank said the country's economy will barely grow this year and cut its 2015 forecast, mainly on expectations exports will remain lackluster.» Read More
The yen levelled off on Friday but still looked set to rack up its best gains for months after a jumbled week of currency moves.
Anywhere but Thailand, a military coup combined with an economic contraction would spur a stock selloff, but shares there are surprisingly resilient.
The dollar neared a two-month high against major currencies, pausing after rallying due to a hold in sterling and the euro's fall.
The euro fell to a three-month low on Wednesday as expectations solidified for an ECB attack on monetary policy next week.
The British pound sank on Tuesday after weak lending data added to concerns over a European election win for the anti-EU UKIP party.
The euro recovered early losses on Monday after European election results saw gains for Eurosceptics but did not deliver a serious domestic blow to some European governments.
The euro fell to a three-month low against the dollar after a soft German business sentiment survey added pressure on the ECB.
Thailand's military coup may have shaken confidence in the country's outlook, but businesses and investors are taking democracy's loss in stride.
Paul Mackel, Head of Asia Currency Research at HSBC, expects the Thai baht to touch 34 against the greenback in the long-run due to the country's political turmoil and seasonal factors.
Thailand's latest military coup comes in a drastically changed political milieu and its economy's Teflon status is already showing scratches.
Robust expansion in Germany led the euro off lows, but growing expectations the ECB will ease monetary policy next week kept gains muted.
The Federal Reserve released minutes from its last meeting, where it discussed the procedures for hiking interest rates.
The Australian dollar fell more than half a percent, on a slide in prices of iron ore, one of the country's biggest exports.
The dollar teetered near a three month low against the yen on Monday, hit by falling U.S. interest rates.
The dollar extended losses against the yen, trading near two month lows and putting it on course for a big weekly loss.
The euro was back against the dollar on Friday, rebounding from a 2-1/2-month trough as investors booked profits on bearish positions.
The euro bounced back thanks to the Bank's of England's loose monetary policy and Asian central banks.
The euro steadied against the dollar on Wednesday and rebounded from a 16-month trough against the British pound.
Traders borrowing U.S. dollars to fund investments in other currencies should beware, with analysts expecting the greenback to strengthen.
The euro fell against sterling on growing bets the European Central Bank and the Bank of England will take opposite courses of action.