The dollar firmed across the board on Thursday, helped by an upbeat U.S retail sales report that suggested the recovery of the world's largest economy is on a stable footing.» Read More
The euro hovered close to a two-year high against the dollar on Friday.
The euro was steady against the dollar on Thursday after disappointing euro zone data drew it away from a two-year high.
SINGAPORE/ TOKYO, Oct 24- The dollar held above a two-week low versus the yen on Thursday while the Australian dollar rose as an upbeat reading on China's factory sector eased worries about the outlook for the Chinese economy. However, market players were keeping an eye on a further jump in China's money market rates.
The dollar set a fresh two-year low against the euro on Wednesday after disappointing U.S. jobs data cemented expectations that the Federal Reserve will not taper until early next year.
Miles Eakers, head of foreign exchange at Savi Trading, says many currencies are overvalued against the dollar and will offset the strength of the greenback.
NEW YORK, Oct 21- You've heard of Doomsday Preppers: folks who think cataclysmic events are on the way, and who want to be prepared by stockpiling resources. The 78- year-old from Surprise, Arizona has an Australian dollar deposit account with Jacksonville, Florida- based EverBank, and in the past has owned currencies like the Brazilian real and the Canadian dollar.
The dollar climbed against the yen and the Swiss franc on Monday.
David Walker, Head of Equities Research at StocksInValue thinks the Australian market is modestly overvalued. He sees stocks at a modest premium to the intrinsic value estimate.
The dollar fell to eight-and-a-half-month lows against the euro and a currency basket on Friday.
The dollar index slid Thursday as a deal to end the U.S. debt stalemate prompted investors to focus on the economic impact of the government shutdown.
The dollar rose against most currencies on Wednesday after the Senate announced a deal that would avert a U.S. default and re-open government.
The dollar dropped to session lows against the yen on Tuesday as talks on raising the U.S. debt ceiling floundered.
LONDON, Oct 15- The Australian dollar hit a four-month high against the U.S. dollar on Tuesday, lifted by Reserve Bank minutes showing policymakers in no hurry to cut rates and optimism a U.S. deal to avert default would soon be reached.
Kara Ordway, FX Strategist, City Index says Australian dollar movements reflect some positive risk sentiment.
The dollar slipped on Monday and the yen rose on safe-haven demand, as lawmakers struggled to reach a deal before this week's debt ceiling deadline.
The dollar index rose Friday, heading for its first weekly gain in five, as optimism grew that Congress will reach a stop-gap deal to avert default.
The dollar rose to a two-week high against major currencies as optimism grew that lawmakers might reach a deal to avert a U.S. debt default.
Stuart Grimshaw, CEO, Bank of Queensland speaks about the bank's journey back to profit, and why he isn't expecting much of an improvement in market conditions in 2014.
The dollar rose on Wednesday as news that Federal Reserve Vice Chair Janet Yellen will be nominated as the next chief removed uncertainty in markets.
The dollar remained near its recent eight-month lows as U.S. lawmakers struggled to find a solution to the country's budget and debt problems.