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 traded lower against a currency basket after downward producer price data challenged hopes for better U.S. economic growth.
Venezuela’s black market exchange rate weakened below a key level on Thursday, as the bolivar’s decline steepened in the face of hyperinflation and a rapidly shrinking economy.
The U.S. dollar hit a more than three-month low against a basket of major currencies on Wednesday after weaker-than-expected U.S. retail sales data.
Fund managers invested in U.S. markets are still expecting the dollar to return to strength, with euro dollar parity still very much on the cards.
Innes Willox, CEO of AI Group, outlines his expectations for the federal budget due Tuesday, such as "modest stimulus" for the business community.
Australia's budget will be about propping up sub-par economic growth amid weak commodity prices rather than the traditional fiscal discipline, analysts say.
Australia will deliver its 2015-16 budget late Tuesday, with the Abbott government hoping it makes the grade after last year's spending cuts were not well received. CNBC's Matthew Taylor reports.
The dollar rose against the euro on renewed worries over a Greek exit from the eurozone, while the New Zealand dollar plunged against the greenback.
The dollar gained against the euro as a mixed U.S. jobs report stoked uncertainty over the health of the U.S. economy.
The dollar recovered against the euro after German bund yields retreated from their highs for the year.
The euro hit a ten-week peak, tracking European bond yields higher and benefiting from a sell-off in the dollar after weak U.S. jobs data
Saktiandi Supaat, head of Global FX Strategy at Maybank, expects the Aussie dollar to rise to the resistance level of $0.8265 next week, but he remains bearish on the currency in the long run.
Khoon Goh, senior FX strategist at ANZ, explains why the jump in the Aussie currency following the Reserve Bank of Australia's statement on Tuesday will be short-lived.
The dollar fell from three-week highs against the yen and one-week peaks versus the euro.
Peter David Frank, global head of G-10 and Asia FX strategy at BBVA, talks about the Australian dollar and the euro/dollar rate.
HONG KONG, May 5- Asian stock markets retreated on Tuesday and the Australian dollar stumbled after the central bank cut interest rates for the second time in four months as the region's growth falters in the face of slowing demand from China. Financial spreadbetters expected European markets to open mixed, with Britain's FTSE 100 likely to open 0.7 percent...
SINGAPORE, May 5- The Australian dollar rebounded sharply after slipping initially as the Reserve Bank of Australia cut interest rates, as market players wondered whether the RBA's easing cycle may be over for now. Australia's central bank cut its cash rate a quarter point to an all-time low of 2.0 percent on Tuesday, aiming to spur a sluggish domestic economy...
HONG KONG, May 5- Asian stock markets retreated on Tuesday and the Australian dollar briefly fell after the central bank cut interest rates for the second time in four months as the region's growth falters in the face of slowing demand from China. "Cautious and uncertain households mean rate cuts are less effective today," said Jasmin Argyrou, senior investment...
Paul Bloxham, chief economist for Australia & NZ at HSBC, says upbeat comments from the Reserve Bank of Australia means the central bank could keep rates on hold for the rest of 2015.
*Stocks hold on to early gains, MSCI Asia ex- Japan up 0.1%. HONG KONG, May 5- Asian markets edged lower on Tuesday and the Australian dollar steadied as investors stayed on the sidelines ahead of a Reserve Bank of Australia policy decision that might result in an interest rate cut. Australian stocks held on to their early gains while the MSCI's broadest index of...