The euro raced to a near six-week high against the dollar and scaled a fresh five-year peak versus the yen on Monday after strong U.S. payrolls data boosted risk appetite.» Read More
The dollar rose against the yen and the euro on Wednesday.
The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency.
Saktiandi Supaat, head of global foreign exchange strategy at Maybank, discusses the Australian dollar and whether it is likely to weaken further.
Chris Walker, FX strategist at Barclays, says the Australian dollar could fall a further 5 percent against the greenback.
Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital Investors, says the central bank is repeating itself regarding its stance on the Aussie.
The dollar climbed to a more than six-month high against the yen on Monday on speculation the Bank of Japan may expand its already massive economic stimulus.
The euro traded near a five-year peak against the yen and a one-month high against the dollar.
The yen clawed back lost ground against the euro and dollar in Asia on Thursday after touching fresh lows against both, on track for one of its worst monthly performance this year.
The euro rose near a one-month high against the dollar and a four-year high against the yen.
The dollar dropped broadly on Tuesday, as lower U.S. Treasury debt yields drove investors to trim bullish bets.
After going steady for the last few months, the dollar and the yen are about to break up again, according to strategists.
The yen hit a six-month low against the dollar and a four-year trough versus the euro on Monday as a deal on Iran's nuclear program sent risk higher.
Jeffrey Haley, Senior Manager, FX Trading, Saxo Capital Markets says investors are getting ahead of themselves with December tapering expectations.
The euro climbed to a four-year peak against the yen and rose for a second straight day versus the dollar on Friday.
The dollar jumped to its highest in more than four months against the yen on Thursday.
The dollar edged lower after Fed Chairman Ben Bernanke said the Fed will maintain its ultra-easy policy for as long as needed.
The dollar edged lower in choppy trading after the Chinese central bank said it would gradually exit from regular intervention in the foreign exchange market.
Kiran Kowshik, currency strategist at BNP Paribas, discusses the potential for the Aussie dollar after the Reserve Bank of Australia did not rule out the chance of further interest rate cuts.
The safe-haven dollar and yen fell on Monday after China announced its most sweeping economic and social reforms in nearly three decades.
The dollar rose against the euro on Wednesday in a lackluster session with investors continuing to trade on comments from a member of the Federal Reserve that seemed to keep the door open to a first drawdown in stimulus next month.