The euro fell sharply on Friday after European Central Bank chief Mario Draghi signaled the organization could launch further monetary easing.» Read More
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.
NEW YORK, Sept 22- The dollar rose smartly on Monday against the Australian dollar and emerging market currencies hurt by weaker commodity prices, but was little changed against other major currencies after 10 weeks of gains by the dollar index.
An exception was the Australian dollar, stung by concerns over global growth and suggestions at a meeting of G20 officials that China might hold off from further stimulus for the economy. Australia's currency is often used as a liquid proxy for China plays, as the two countries are major trading partners.
The dollar index racked up a 10th straight week of gains on Monday, its longest winning streak since its free float in 1973.
The dollar rose against a basket of major currencies on Friday as investors bet U.S. interest rates would rise more quickly than expected.
The dollar rose after data showed U.S. jobless claims fell more than expected, reinforcing the view that U.S. interest rates will rise sooner.
The U.S. dollar strengthened following Fed news after earlier hitting an 8-year high against the Japanese yen.
LONDON, Sept 16- A renewed drop in the Australian dollar was the main move on major currency markets on Tuesday, with the dollar, euro and yen steady before potentially more dramatic events later in the week. Since then the Aussie has renewed its course, "said Graham Davidson, a spot currency dealer with National Australia Bank in London.
Renewed sales of the Australian dollar were the main move on major currency markets on Tuesday.
SYDNEY/ SINGAPORE, Sept 16- The dollar eased on Tuesday with investors reluctant to do much as they waited for fresh guidance on interest rates from the Federal Reserve, while the Australian dollar held above a six-month trough.
SYDNEY, Sept 16- The U.S. dollar loitered in familiar territory early on Tuesday with investors reluctant to do much as they waited for fresh guidance on interest rates from the Federal Reserve, while the Australian dollar rebounded from a six-month trough.
Sweden's crown fell to a two-month low against the euro after the country elected a minority government.
Peter Frank, global head G10 and Asia foreign exchange strategy at BBVA, discusses the Australian dollar, the Swiss franc and the Indian rupee and says another decline in the Aussie is to be expected.
*Aussie tests psychological 90- cent support on soft China data. SYDNEY, Sept 15- The Australian dollar slid to a six-month low on Monday as worries about slower Chinese growth hit a nerve, but other major currencies held their ground ahead of this week's Federal Reserve policy meeting.
*China slowdown worries curb risk appetite. SYDNEY, Sept 15- Asian stocks stumbled to their lowest in five weeks on Monday after a batch of weak data out of China raised the specter of a sharp slowdown in the world's second-biggest economy. The Australian dollar, considered a liquid proxy for China plays, also took a hammering and slumped to a six-month low.
*Aussie extends fall on disappointing China data. *China's factory output grows at weakest pace in nearly six years. "China data was the catalyst of the move lower.
The dollar index was headed for a ninth consecutive week of gains after retail sales data added to expectations that U.S. growth is gaining steam.
The U.S. dollar hit a six-year high against the yen and sterling recovered some ground after recent nerves over Scottish independence.