The yen tumbled to its lowest level in nearly seven years against the dollar, putting it on track for its biggest losses in 18 months.» Read More
The dollar fell to a three week-low against the yen on Tuesday, retracing most of its gains posted last week.
Annette Beacher, Economist at TD Securities, is surprised that the Reserve Bank of Australia failed to mention the recent fall in the currency on Tuesday.
Paul Bloxham, Chief Economist for Australia and New Zealand at HSBC, expects the Reserve Bank of Australia to leave policy unchanged on Tuesday amid weakening of the currency.
The dollar paused for breath in early European trade after forecast-beating U.S. jobs data on Friday.
It hasn't taken sterling long to lose all the gains from the relief rally which followed Scotland's vote against independence.
Andrew Su, CEO at Compass Global Markets, expects the Australian dollar to see strong gains this week and remain between 88 to 92 cents against the U.S. dollar until year-end.
The Australian dollar had managed to keep diehard fans among currency traders and analysts, but now some of them are throwing in the towel.
The dollar climbed to a more than four-year peak on Friday after a report showing the U.S. economy created more jobs than expected last month.
The yen held its gains against the dollar on Thursday after weak manufacturing surveys from around the globe and an Ebola health scare in the United States.
Hamish Pepper, Forex Strategist, Asia Pacific at Barclays, expects an upside surprise in Friday's U.S. payrolls report, which will underpin gains in the greenback.
The dollar dropped from six-year highs against the yen on Wednesday, weighed down by a fall in U.S. Treasury debt yields.
Currency strategists are weighing up whether to join a crowded trade or get comfortable with what has been described as a "seat on the Titanic."
TOKYO/ SYDNEY, Oct 1- The dollar struck a six-year high against the yen and was poised near a two-year peak against the euro, while gathering more bullish impetus on Wednesday as weaker than expected Australian retail sales data sparked selling on Australian dollar.
The dollar index briefly trimmed its earlier gains on Tuesday after weaker-than-expected home price data in July raised doubts about the U.S. economy.
The dollar's three-month rally took a breather on Monday on nervousness over Beijing's response to democracy protests in Hong Kong.
The U.S. dollar held on to its four-year high on Friday, thanks to Thursday’s Wall Street selloff.
The dollar was back on the front foot against the yen and several other major currencies on Friday, on track for an 11th straight weekly gain.
The euro hit a 22-month low against the dollar on Thursday on the prospect of diverging monetary policy.
The yen rose after Japanese Prime Minister Shinzo Abe voiced concern about the economic impact of its fall to a six-year low.
The battered euro pulled away from a 14-month trough against the dollar, as the greenback eased after a 10-week streak of gains.