The dollar rose against a swath of currencies on Friday, rocketing to 4 1/2-year high against Japan's yen.» Read More
The dollar rose against a swath of currencies on Friday, rocketing to 4 1/2-year high against Japan's yen.
The Australian currency has been falling sharply and selling the Aussie dollar for the appreciating Mexican peso is becoming an increasingly popular trade, said an analyst.
The Australian dollar has had a swift, hard fall. The currency, which fell through parity against the dollar a week ago, continued its decline on Friday, and now Goldman Sachs is predicting it could fall to as low as $0.80.
John Noonan, Senior FX Analyst at Thomson Reuters says a bearish AUD is the dominating trade in the macro fund community. Dhiren Sarin, Chief Technical Strategist, Asia Pacific at Barclays gives his Technical Analysis on currencies.
The U.S. dollar recovered to trade higher against the euro and yen late Thursday afternoon in a volatile session that saw the U.S. currency swing between gains and losses.
Brian Jackson, Global FX Strategist at Coutts says there more upside for the currency pair and explains why it will climb to 106.
Hamish Pepper, Forex Strategist at Barclays gives CNBC's Cash Flow a few options for trading the weakening Australian dollar.
The euro fell to a six-week low against a buoyant dollar on Wednesday, hurt by an unexpectedly large contraction of the euro zone economy.
Chris Weston, Head of Sales and Research at IG is bullish the U.S. Dollar in the long term. Clem Chambers, CEO of ADVFN joins in the discussion.
John Daley, CEO of Grattan Institute warns that Australia has a serious deficit problem that needs to be dealt with and should keep in mind the lessons from Europe's crisis.
The yen fell against the dollar on Tuesday for a fourth straight session, hitting its lowest level in 4 1/2 years as signs that the U.S. economy is improving.
Australia's Labor government delayed its promise to return the country to a budget surplus. CNBC's Matthew Taylor reports live from Canberra.
CANBERRA, May 14- Australia's struggling Labor government on Tuesday used the last budget before national elections to delay a long-promised return to surplus, blaming a stubbornly high Australian dollar and lower commodity prices for a dramatic fall in revenues.
Mitul Kotecha, Head of Global FX Strategy, Credit Agricole Corporate and Investment Banking says higher yields in U.S. Treasurys are very supportive of the greenback.
David Bradbury, Assistant Treasurer of Australia, says there is still room for the RBA to cut rates further. He also deconstructs Treasurer of Australia Wayne Swan's comments and the budget expectations stating that mining boom will continue while jobs remain the key focus.
As markets await Treasurer Wayne Swan to unveil the country's budget later on Tuesday, CNBC's Matthew Taylor investigates why its unlikely for the government to deliver a surplus this year.
The dollar gained for a third straight session against the yen and euro on Monday as data showing a rise in U.S. retail sales assuaged fears of an economic slowdown.
The yen tumbled to its lowest in more than four years against the dollar on Friday on data showing Japanese investors were buying more foreign assets.
The U.S. dollar skyrocketed to its highest level against the Japanese yen in over four years on Thursday, piercing the key technical and psychological 100 yen-per-dollar mark.
Greg Matwejev, Director, FX Hedge Fund Sales and Trading at Newedge says the Bank of Korea rate cut was not really a surprise considering previous easing from other major central banks. John Woods, Chief Investment Strategist at Citi Private Bank joins in the conversation.