The Aussie – which appeared to be on course for a return to parity with the U.S. dollar just days ago – is set to end the year below $0.90.» Read More
Expectations interest rates will be lower for longer have spurred "carry trades" funded by low-yielding currencies, but some warn it's not a safe bet.
As Australia grapples with a mining sector downturn, economists warn that a new headwind may hit business sentiment: waning consumer confidence.
Gold steadied near a two-month high as escalating violence in Iraq and geopolitical tensions supported the metal's safe-haven appeal.
The euro has tumbled in the wake of monetary easing earlier this month and analysts say a sentiment shift spells further currency weakness.
The yuan, which saw its biggest weekly jump in 2½ years last week, is set to continue on its appreciation path, say strategists.
The Chinese yuan rose to its strongest in almost four weeks – a sign its depreciation trend may be a thing of the past, analysts say.
Rather than China's latest reserve requirement cut for certain banks satisfying market calls for easing, it has instead spurred calls for more.
The euro continued to rise despite the ECB's all-out assault on the specter of deflation, and some analysts believe it won't weaken anytime soon.
Asian equities were mixed on Wednesday as investors looked ahead to key risk events this week.
U.S. Treasury yields' sharp fall this year has surprised many, and some traders are now looking for the exits amid concern a correction may loom.
Gold prices settled near a 3-1/2 month low on Wednesday as the dollar rallied and stock markets held near recent peaks.
The ECB is expected to "shock and awe" with an easing package, but some analysts worry one potential move - a negative deposit rate - may backfire.
Australia's government has delivered the country's harshest budget in years, stoking a fierce debate as to whether pain is really necessary.
Gold ended about 1 percent higher as Ukraine tensions spurred safe-haven buying, but a lack of strong physical demand could weigh on prices.
Oil was range bound as the market balanced a draw down in domestic stockpiles against technical sell points that put a lid on oil prices.
The euro has taken a beating from comments by the ECB that currency strength is a concern, but will only stay down if action follows.
National Australia Bank on Thursday highlighted rising pressure on margins as it posted an 8.5 percent rise in cash earnings.
Asian equities were sharply sold off on Wednesday on mounting concerns that Ukraine was on the brink of a civil war.
Asian equities were mixed on Thursday in a quiet session with several markets shut for the 'May 1' public holiday.
Asian equities were mixed on Tuesday as investors were cautious about the prospect of further U.S. sanctions on Russia.