The dollar hit an eight-month high against a basket of currencies on Friday.» Read More
Currency analysts to believe an interesting trading opportunity could develop over the coming months.
The U.S. dollar held onto modest gains, having risen broadly after U.S. consumer prices recorded their largest increase in more than a year in May.
The Australian dollar fell more than half a percent against the U.S. dollar on Tuesday after the RBA expressed economic recovery doubts.
The dollar dipped versus the yen, although potentially decisive events such as the Federal Reserve meeting midweek limited movements.
The dollar was up around a third of a percent against the yen as markets listened to the Bank of Japan's latest comments on policy on Friday.
The U.K.'s pound has roared higher as Mark Carney, the governor of the Bank of England, surprised markets.
Retail sales missed expectations, and state unemployment benefits claims climbed higher than expected.
Nick Tuffley, Chief Economist at ASB Bank, expects the Reserve Bank of New Zealand to continue hiking rates. He also discusses how migration may impact inflation.
Hamish Pepper, Forex Strategist, Asia Pacific at Barclays and Daryl Guppy of Guppytraders.com, debate the direction of the Australian dollar.
Simon Robertson, CFO at Auckland Airport, says the firm has a balanced currency exposure to combat the impact of a stronger Kiwi dollar.
Robert Rennie, Global Head of FX Strategy at Westpac Bank, says the Reserve Bank of New Zealand has shifted its focus away from the currency to the domestic mortgage market.
The euro neared a four-month low versus the dollar and a 1-1/2 year trough against sterling on Wednesday.
The dollar extended gains against the euro, amid expectations that the Federal Reserve could raise rates sooner than expected.
The euro weakened against the dollar, as yield differentials between Treasuries and Bunds widened to multi-year highs.
The euro rose against the dollar and the yen on Monday, on confidence that the ECB will not be easing policy again soon.
The euro languished near four-month lows after the European Central Bank's loosened monetary policy.
The dollar rose, getting a lift from fatter Treasury yields and investor anxieties about policy shifts from the ECB.
Subdued euro zone inflation data kept expectations of aggressive European Central Bank monetary stimulus alive, much of which is priced in.
The euro fell against the dollar on speculation of further monetary stimulus from the European Central Bank.
The yen levelled off on Friday but still looked set to rack up its best gains for months after a jumbled week of currency moves.