The dollar came under pressure against the yen on Friday as rising tension in Ukraine undermined optimism about U.S. economic growth.» Read More
Peter Frank, global head of G10 and Asia FX strategy at BBVA, says weaker than expected inflation data from Australia has stopped the dollar's rally.
SINGAPORE, April 23- The Australian dollar slid on Wednesday after data showed that Australian consumer prices rose less than expected in the first quarter, lessening the risk of a rise in domestic interest rates this year. Other major currencies were subdued, with the euro edging up 0.1 percent to around $1.3817, while the dollar eased 0.1 percent to 102.55 yen.
Todd Elmer, Currency Strategist at Citi, discusses whether the currency's sharp drop following weaker-than-expected quarterly inflation data was justified.
*Risk sentiment bolstered by gains in US, Europe. SYDNEY/ SINGAPORE, April 23- Asian stock markets were little moved on Wednesday after a Chinese manufacturing survey met expectations, but the Australian dollar plunged to a two-week low after data showed surprisingly low inflation in that country's economy.
The European Central Bank's Mario Draghi made clear the euro's strength is a possible trigger to ease monetary policy.
A record Japanese trade deficit in the fiscal year fueled the dollar's rise against the yen, but tensions in Ukraine were likely to limit losses.
The dollar fell against a basket of currencies on Thursday after Federal Reserve chief Janet Yellen reiterated an accommodative monetary policy stance.
The yen fell on Wednesday, hit by comments by Japan's finance minister that traders took as a sign of a weaker yen.
The yen fell against the dollar and the euro on Wednesday, on pension fund comments by Japan's finance minister.
Geoffrey Yu, FX strategist at UBS, discusses why shorting the Aussie dollar is an attractive trade.
Jeremy Stretch, Head of FX Strategy at CIBC, says mixed economic data from China could weigh on the Australian dollar.
*Tokyo shares extend gains on Japan finmin comments on GPIF. SINGAPORE, April 16- The Australian dollar pared losses on Wednesday after China's first-quarter economic growth slightly exceeded expectations and helped underpin risk sentiment.
The euro fell after the European Central Bank said it will be forced to ease further if the currency keeps going up.
The dollar lost 2.5 percent against the yen since last Friday, on guidance that the Federal Reserve will not soon raise base interest rates.
The dollar hit a three-week low on Thursday after minutes from the Federal Reserve's March meeting disappointed dollar bulls.
The dollar bounced back a third of a percent against the yen after a steep slide against Japan's currency.
The dollar fell to a 10-day low against the yen after the Bank of Japan refrained from additional monetary easing.
The dollar lost ground against the yen and dipped versus the euro after U.S. jobs data last week disappointed.
EM currencies have rallied against the dollar after Friday's U.S. jobs number, with some forex experts predicting an interesting period ahead for the asset class.
SYDNEY, April 7- Commodity currencies including the Australian dollar held onto solid gains early on Monday as the dollar and euro fell to the wayside and even lost ground to an otherwise soft yen.