The dollar hovering near a two-week high against a basket of currencies with investors focused on the next set of U.S. data.
The dollar rose after senior Federal Reserve officials bolstered expectations that U.S. interest rates will rise soon.
The dollar inched up on Friday as investors digested a speech from Federal Reserve Chair Janet Yellen.
The dollar was range-bound in illiquid Asian trade as currencies tread water ahead of the global central bankers' gathering in Jackson Hole.
Investors focused on a gathering of central bankers for clues on when the U.S. Federal Reserve will hike interest rates again.
Investors shifted their focus away from hawkish remarks on interest rates by Fed officials and towards Friday's Jackson Hole meeting.
TOKYO, Aug 23- The dollar dipped against the yen on Tuesday, while the New Zealand dollar rose after the nation's central bank chief said he did not see the need for a rapid succession of interest rate cuts. The dollar shed 0.1 percent to 100.220 against the safe-haven yen amid a pullback in Tokyo stocks. The kiwi was up 0.6 percent at $0.7308 after Reserve Bank of New...
New Zealand's central bank said its current interest rate track involves further cuts to balance risks while generating an increase in CPI inflation.
*Dollar dips vs safe-haven yen amid slip by Tokyo stocks. TOKYO, Aug 23- The dollar dipped against the yen early on Tuesday, while the New Zealand dollar rose after the nation's central bank chief said he did not see the need for a rapid succession of interest rate cuts. The dollar shed 0.2 percent to 100.120 against the safe-haven yen amid a pullback in Tokyo stocks.
The dollar rose after comments from Fed Vice Chairman Stanley Fischer prompted bets on an interest rate hike.
The dollar was weighed down by investors' lack of belief in the chances of a rise in U.S. interest rates this year.
Steven Saywell, global head of FX Strategy for BNP Paribas, weighs in on the possibility of a near-term Fed rate hike and its effect on the dollar.
The dollar fell to a seven-week low against a basket of major currencies on Thursday.
After the release of the minutes, the U.S. dollar hit a session low against the yen while the euro touched a session high against the dollar.
The dollar hit its lowest in seven weeks on Tuesday, dipping below 100 yen for the first time since June.
New Zealand's interest rate differential compared with the rest of the world makes Kiwi bonds attractive, notes Jeremy Sullivan of Hamilton Hindin Greene.
The dollar was softer, pegged back by sluggish U.S. data that tempered expectations of a Federal Reserve interest rate hike.
Rates in Britain are now 0.25 percent while they are 1.5 percent in Australia, near zero in the United States, and negative in Japan and Europe. "Given that volatility is relatively low, liquidity is so abundant and yields are so ridiculously low or negative in some parts of the world, New Zealand just stands out like a sore thumb," said ANZ Senior Economist Philip...
The AUD/USD pair is likely to trade in a tight range and hover towards $0.76, says Maybank's Saktiandi Supaat.
The dollar held lower at the end of a week dominated by flows into higher-risk currency plays like the Australian and Canadian dollars.