The dollar edged up against the yen on Friday on light bargain hunting, with markets slowly getting into gear after the Christmas holiday.» Read More
The U.S. dollar fell against the euro and yen on Monday as traders pared back expectations Federal Reserve Chairman Ben Bernanke would hint at tapering bond purchases this week.
Peter Whitley, Senior FX Analyst at Thomson Reuters says to short AUD/USD and NZD/USD on any rally.
The dollar rose against a swath of currencies on Friday, rocketing to 4 1/2-year high against Japan's yen.
The Australian currency has been falling sharply and selling the Aussie dollar for the appreciating Mexican peso is becoming an increasingly popular trade, said an analyst.
The U.S. dollar recovered to trade higher against the euro and yen late Thursday afternoon in a volatile session that saw the U.S. currency swing between gains and losses.
The euro fell to a six-week low against a buoyant dollar on Wednesday, hurt by an unexpectedly large contraction of the euro zone economy.
The yen fell against the dollar on Tuesday for a fourth straight session, hitting its lowest level in 4 1/2 years as signs that the U.S. economy is improving.
The dollar gained for a third straight session against the yen and euro on Monday as data showing a rise in U.S. retail sales assuaged fears of an economic slowdown.
The yen tumbled to its lowest in more than four years against the dollar on Friday on data showing Japanese investors were buying more foreign assets.
The U.S. dollar skyrocketed to its highest level against the Japanese yen in over four years on Thursday, piercing the key technical and psychological 100 yen-per-dollar mark.
The euro rose against the dollar after an unexpected rise in German industrial output was seen making a near-term euro zone interest rate cut less likely.
Neil Looker, chief dealer Institutional FX at City Index, explains that the euro remains strong due to recent "robust" data.
The euro firmed across the board on Tuesday after data showing German industrial orders beat forecasts, but the prospect of further monetary easing could limit its gains.
The U.S. dollar rose for a third straight session against the yen on Monday and looked set to make another run at the 100 yen level on renewed optimism about the U.S. economy.
The dollar surged more than 1 percent against the yen on Friday after strong U.S. April jobs data fueled optimism the U.S. economy may be more resilient than some had feared.
The euro fell sharply against the dollar in choppy trading on Thursday after European Central Bank President Mario Draghi said the bank is ready for negative deposit rates.
The U.S. dollar pared its losses against the yen on Wednesday after the U.S. Federal Reserve said it will stick to its plan to buy $85 billion in bonds each month.
The dollar fell against the euro and yen Tuesday after a U.S. Midwest business barometer unexpectedly contracted in April, adding to worries about the economic recovery.
The euro rose against the dollar and yen on Monday after Italy finally formed a government, ending two months of political uncertainty.
The dollar fell against the yen on Friday, retreating from a four-year high after the Bank of Japan left policy unchanged and after data showed U.S. economic growth expanded.