The dollar scaled a one-month high, having remained bid after comments from Janet Yellen reinforced a tightening bias on interest rates.» Read More
Khoon Goh, Senior FX Strategist at ANZ, says data drives forex market at the end of the day, and countries with better data will see their currency appreciate.
The dollar fell broadly on Thursday after reversing earlier gains that sent it up against the euro and yen amid a cross-current of economic data that muddied the view on when the U.S. Federal Reserve will start trimming stimulus measures.
The euro was little changed against the dollar on Wednesday after data showed the euro zone had emerged in the second quarter from its longest recession to date.
The dollar climbed to a one-week high against both the euro and the yen on Tuesday after a key gauge of U.S. consumer spending rose at its fastest pace in seven months.
The dollar rose on expectations of strong U.S. data that could signal an early scaling back of monetary stimulus.
The dollar rebounded 0.2 percent from a recent seven-week low against a basket of currencies on Friday as investors bought at cheaper levels, with talk about when the Federal Reserve will begin cutting back its monthly bond buying dominating market chatter.
The dollar dropped for a fifth consecutive session against major currencies on Thursday as recent economic data and comments from Fed officials added to uncertainty about when the U.S. central bank might reduce its bond purchases.
The dollar fell to a seven-week low against major currencies on Wednesday, stung by steep losses against the yen and sterling, on concerns about the scope and timing of the Federal Reserve's eventual tapering of its bond-buying program.
The dollar fell broadly on Tuesday, hitting a six-week low against the yen, as investors pared back bets on the U.S. currency on uncertainty about when the Federal Reserve will start reducing its bond purchases.
The dollar slid against the yen on Monday, remaining under pressure after Friday's jobs figures lowered expectations that the Federal Reserve would start reducing its bond purchases in the near term.
The dollar tumbled against the euro and the yen on Friday after mixed signals about the US labor market.
The euro and sterling fell against the dollar on Thursday as investors sold them before European Central Bank and Bank of England policy meetings expected to re-affirm loose monetary policy.
The dollar extended gains against the euro and yen on Wednesday, hitting session highs after data showed the U.S. economy grew faster than expected in the second quarter.
The dollar edged higher on Tuesday, recovering from recent falls, on caution that the Federal Reserve may lay the groundwork for curbing stimulus at a policy meeting this week.
The dollar fell to a one-month low against the yen on Monday and a five-week trough against a basket of currencies on expectations the Fed intends to keep interest rates low.
The dollar fell to a five-week low against a basket of major currencies on Friday.
The dollar fell to a fresh one-month low against the euro on Thursday in thin trading, as investors tested key resistance levels in the euro zone currency.
The dollar rallied across the board on Wednesday, bolstered by a rise in U.S. Treasury yields that suggested the recovery in the world's largest economy was firmly on track.
The dollar was broadly weaker on Tuesday, falling to a one-month low against the euro in thin trading.
The yen rose against the dollar for the first time in four sessions on Monday after Japanese Prime Minister Shinzo Abe won a widely expected victory in elections for parliament's upper house.