The dollar scaled a 12-1/2 year high against the yen, breaching a key threshold along the way as it extended a strong run after upbeat U.S. data.» Read More
The U.S. dollar advanced against major currencies after stronger-than-expected data on U.S. manufacturing activity and construction spending.
The RBA may be pleased with the lower Australian dollar following last month's rate cut, says Emma Lawson, senior currency strategist at National Australia Bank.
Investors should be a little bit nervous about the Australian dollar ahead of the central bank's meeting on Tuesday, says Sean Callow, senior currency strategist at Westpac.
The dollar was mixed on Friday with month-end selling after a recent rally.
The dollar climbed to a 12-1/2-year high against the yen as investors bet that U.S. interest rates will rise later this year.
*USD touches 124.30 yen, highest level since December 2002. TOKYO/ SYDNEY, May 28- The dollar hit its highest since December 2002 against the yen on Thursday due to expectations that U.S. interest rates will rise later this year, while the Australian dollar struck a six-week low following disappointing capital expenditure data. The greenback soared as high as...
The dollar rose against most major currencies on Wednesday, hitting an eight-year peak against the yen.
The dollar rose more than 1 percent, extending recent gains driven by increasing expectations the Fed will start raising rates.
Australia may be weighing allowing foreign airlines to offer domestic flights, but it isn't clear the skies down under are particularly attractive.
The dollar hit a one-month high against a basket of major currencies after stronger-than-expected underlying U.S. inflation bolstered the Fed's case for a rate hike.
The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report uptick.
The U.S. dollar weakened against the euro on Thursday for the first time this week.
The dollar stepped back but held close to a two-week peak as investors focused on the pace of the U.S. Federal Reserve's coming interest rate hikes.
The dollar stepped backbut held close to a two-week peak as investors focused on the pace of the U.S. Federal Reserve's coming interest rate hikes.
Australia and New Zealand are trying different methods to cool their biggest cities' housing markets without hurting borrowers, banks and their economies.
The Reserve Bank of Australia (RBA) left open the possibility it might cut interest rates further, minutes from its May 5 meeting showed, triggering a slump in the Australian dollar on Tuesday.
The dollar made broad-based gains, recovering some ground after several weeks of selling that brought the greenback to more attractive levels.
The dollar clawed its way higher, recovering from almost four-month lows reached late last week on another surprisingly bad round of U.S. data.
The recently interrupted bull-run in the dollar has weighed heavily on company dividends, with global pay-outs slumping.
The dollar fell to a 3-month low against the euro as disappointing data on factory activity and consumer sentiment spurred doubts about recovery.