The kiwi skidded to a six-week low after the country's central bank switched to a wait-and-see stance following its fourth rate hike.» Read More
The euro rose to a 14-month high against the dollar, heading for its best month in over a year as signs of recovery in the euro zone's economy set the currency on a bullish trend.
The U.S. dollar slid to a fresh 14-month low against the euro after the U.S. Federal Reserve kept interest rates near zero and maintained its bond-buying program to spur economic growth.
The euro lifts on improving economic sentiment and the dollar edges higher awaiting GDP - it's time for your FX Fix.
The euro scaled 14-month peaks against the dollar, gaining in three of the last four sessions, lifted by an improving euro zone outlook and expectations the Federal Reserve will keep its ultra-easy monetary policy for some time.
The dollar fell from 2 1/2-year peaks against the yen on Monday in subdued trading as investors locked in profits after the greenback's recent rally.
Bank of England hints at more easing weigh on the pound and risk aversion lifts the buck - it's time for your FX Fix.
Ulrich Leuchtmann, Head of FX Research at Commerzbank says that although Japan's aggressive easing measures are creating sensitivity towards a possible currency war, it makes sense for the country to do so from a domestic standpoint.
The euro rallied Friday on growing optimism the region's debt crisis has turned the corner, while the yen was headed for its 11th consecutive week of losses.
The yen tumbled 2 percent against the dollar to hit a 2 1/2-year low on Thursday after a Japanese official said the government has no problem with the dollar hitting 100 yen.
The yen was little changed against the dollar on Wednesday one day after a sharp rally, and traders appeared ready to resume selling the yen.
The yen pushed higher against the euro and dollar on Wednesday, extending gains from the previous day, when monetary easing from Bank of Japan fell short of some expectations for faster, more aggressive action.
The yen soared 1 percent against the dollar and euro on Tuesday after the Bank of Japan said its open-ended commitment to buy assets would kick in only next year.
U.S. Treasury debt prices were trading little changed as a U.S. Republican proposal for a limited rise in the debt ceiling curbed demand for safe-haven assets.
The yen briefly fell against the dollar on Tuesday after the Bank of Japan surprised markets by adopting an open-ended commitment to buy assets, but later regained ground as the new scheme for additional purchases only comes into effect next year.
Traders backed off short yen positions ahead of a key Bank of Japan meeting, and Iceland's finance minister looks at the euro zone and wants in.
The euro has been rising against the dollar, but where it's really moving is against several other currencies, this strategist says.
Easing bets hit the yen, a rising euro dims the Swiss franc, China's fourth quarter GDP hits the mark, and the British aren't shopping - it's time for your FX Fix.
The yen hit a 2-1/2 year low against the dollar on Friday as markets positioned for the Bank of Japan to take bold action to tackle deflation at a policy-setting meeting early next week.
Brian Jackson, Global FX Strategist, Coutts says the Swiss franc will weaken further in the months ahead as investor confidence in the euro zone grows.
A recent warning from a Japanese minister about excessive yen weakness continued to underpin the currency.