NZ dollar slumped to four-year lows with the risk of rate cuts, while the dollar looks up on the Fed's latest policy statement.» Read More
The yen fell to its lowest against the dollar in more than two years on Thursday, on expectations Tokyo will push for aggressive monetary stimulus.
European stocks closed slightly lower in a shortened day of trading on Monday. The FTSE 100 index was the main exception closing higher by 0.24 percent.
Robert Rennie, Global Head of FX Strategy, Westpac Bank predicts there will be at least one more rate cut by the RBA, sometime in February or March.
European shares closed lower on Friday as U.S. politicians continued to wrangle over averting the "fiscal cliff" — a series of tax increases and spending cuts that are set to kick in at the start of next year and could threaten the U.S. economy.
European shares stuttered on Thursday as indexes approached overbought levels and budget talks in the United States stalled.
South Africa's currency may have taken a battering in recent months, making it one of the worst performing major currencies this year, but analysts have told CNBC that the rand (ZAR) could be ready for a turnaround in 2013.
Hamish Pepper, FX Strategist, Asia Pacific at Barclays Capital shares his outlook for the yen.
European shares closed higher on Wednesday after business confidence data was released in Germany showing an increase.
European shares ended higher on Tuesday, as investors bet that U.S. Democrats and Republicans will reach a deal to avoid a "fiscal cliff" of year-end austerity measures.
European shares fell on Monday, hit by slumps in Dutch telecoms group KPN and temporary power company Aggreko as investors cashed in some equity holdings.
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European shares closed slightly lower on Friday as investors locked in profits ahead of the weekend and once again focused on the ongoing discussions surrounding the "fiscal cliff" in the U.S.
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European shares closed lower on Thursday, ending a three-week rally that had pushed shares up to 18-month highs.
Spain sold 2.02 billion euros of bonds on Thursday at its final debt auction of the year.