The yen bounced back from a one-week low against the dollar on Thursday, with investors taking their cues from recently volatile Japanese equities.» Read More
Michael Sneyd, FX analyst at BNP Paribas, says investors are going long on the Australian dollar and the New Zealand dollar.
Recent strength in the Australian dollar needs to be closely watched for its impact on Australian equities, says David Walker, Senior Analyst at StocksInValue.
Hamish Pepper, Forex Strategist, Asia Pacific at Barclays, highlights four factors that are sustaining the rally in the Aussie dollar.
The euro fell on Wednesday, with investors wary after European Central Bank officials ramped up efforts to talk down the currency, with arguably its most hawkish member hinting at a radical softening of monetary policy.
Barney Singer, head of emerging market FX trading at Nomura, says despite a bearish outlook on China, the Aussie dollar is likely to move higher as the country's economy looks strong.
Jeremy Hook, Private Client Advisor at TMS Capital, explains why Glenn Stevens, governor of the Reserve Bank of Australia (RBA), did not attempt to talk down the Australian dollar on Wednesday.
Sterling firmed against a weaker euro on Tuesday after European monetary policy makers signaled possible monetary easing to avoid deflation.
Callum Henderson, Global Head of FX Research at Standard Chartered, outlines three reasons for Australian dollar's resilience.
*U.S. dollar down against major currencies. SYDNEY, March 25- The U.S. dollar nursed broad losses early on Tuesday, having come under pressure late in New York as investors bought the euro and drove the Australian dollar to its highest this year.
Robert Rennie, Global Head of FX Strategy at Westpac Bank, discusses why the Australian dollar shrugged off a weak preliminary reading of Chinese factory activity.
The euro was hurt by signs that growth was slowing in the euro zone's largest economy, Germany.
SYDNEY/ TOKYO, March 24- The dollar held on to last week's gains on Monday though it lacked a fresh catalyst to extend them while the Australian dollar dipped after a soft Chinese manufacturing data.
Jonathan Cavenagh, Senior FX Strategist at Westpac Institutional Bank, discusses the movements of the Australian dollar, after China's HSBC flash PMI contracted for the third straight month.
Data showing a record euro zone trade surplus in January helped the euro rise against the dollar for the first time in three days.
The dollar steadied against major currencies on Thursday after being jerked higher overnight by a Federal Reserve message that a rate hike would be sooner than expected.
Sooner-than-expected U.S. rate hikes and weak Chinese data will weigh on the Australian dollar over the next 12 months, says Sam Henderson, CEO of Henderson Maxwell.
The dollar rose against the yen and euro on Wednesday, following the Federal Reserve's announcement it will further unwind monetary stimulus.
A modest easing of tension in Ukraine and a slight increase in U.S. Treasury yields sent the euro on Tuesday against the U.S. dollar and the yen.
The yen heads for its biggest weekly gain in more than a month against the dollar, on tensions in Ukraine and the Chinese economy.
Boris Schlossberg, Managing Director at BK Asset Management, says the European Central Bank's rare shift in stance changed trading sentiment for the currency. He also commented on the Aussie's recent rally.