The dollar took a breather after surging to a one-month high the previous day thanks to US data and Federal Reserve comments.» Read More
The dollar edged down against the yen Janet Yellen suggested the Fed won't be rushed into kicking off the U.S. interest rate tightening cycle.
Ray Attrill, co-head of FX Strategy at NAB, says the Australian dollar is "where it should be", having fallen by the same amount as commodity prices since the latter's peak in 2011.
The Swiss franc shed over 1 percent against the dollar, dropping towards five-week lows as some of the Greece-related safety flows waned.
The euro jumped against the dollar in midday trading on reports that a deal had been reached between Greece and the European Central Bank.
The dollar recovered on talk the Swiss National Bank was buying the greenback.
The euro recovered from initial losses, helped by a bounce in German investor sentiment.
The euro inched higher ahead of a meeting of euro zone finance ministers that investors expect will find enough common ground to support Greece.
The euro edged higher on Friday, putting it on course for a third straight week of gains, its best performance in just under a year.
The dollar dropped across the board on Thursday after weaker-than-expected U.S. economic data.
The yen surged against the U.S. dollar following a report that the country's central bank is cooling on the idea of adding more stimulus.
The dollar hit a fresh one-month high versus the yen on Wednesday, while uncertainty over a new debt deal for Greece kept the euro under a cloud.
The dollar strengthened on the back of U.S. Treasury yields, while the euro was buffeted by comments and media reports on the progress of Greece.
*China stimulus hopes boost commodity-dependent currencies. LONDON, Feb 10- Commodity price-dependent currencies such as the Australian dollar and Norwegian crown were the main movers on major foreign exchange markets on Tuesday, gaining up to a third of a percent on talk of more economic stimulus in China. Investors were keeping a close eye on the situation...
By Ian Chua and Hideyuki Sano. SYDNEY/ TOKYO, Feb 10- Commodity currencies held on to modest gains made on talk of possible Chinese stimulus and a notional bottoming-out of oil prices, while the U.S. dollar's payrolls-inspired rally ran out of steam. The Australian dollar gained 0.4 percent to $0.7828, keeping some distance from a 5 1/ 2- year low of $0.7627 touched a...
Jonathan Cavenagh, senior FX strategist at Westpac, says the Aussie dollar could hit 75 U.S. cents by end-March due to low commodity prices and expectations for another interest rate cut.
Michael McCormack, parliamentary secretary to the minister for finance in Australia, discusses the confidence vote for Australia's Prime Minister Tony Abbott.
The dollar gave back some ground on Monday as traders sold into a rally triggered by robust U.S. jobs data.
A soft economy in Australia, along with poor data from China, will likely keep the Aussie dollar below $0.80 against the U.S. dollar for the time being, says Chris Tedder, research analyst at Forex.com.
Adrian Mowat, chief emerging market & Asian equity strategist at JP Morgan, says investors are more focused on the Aussie dollar, given that there's more consistency from the central bank than who's in power in Canberra.
TOKYO, Feb 9- Asian shares wobbled on Monday after dismal Chinese trade data eclipsed a strong U.S. jobs report, raising concerns about a deepening slowdown in the world's second-largest economy and sending the Australian dollar sliding. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 percent with Australian shares down 0.5 percent...