The dollar rebounded on Friday after data showed a pickup in U.S. wages, suggesting rates hikes are more likely to happen in 2016.» Read More
If housing starts to erode economic activity, the Reserve Bank of Australia may ease by December or early 2016, says Sean Fenton, director and portfolio manager at Tribeca Investment Partners.
Investors should watch for Tuesday's RBA rate decisions for hints as to how worried the central bank is about the global economic slowdown, warns Wayne Gordon, commodities and FX strategist at UBS Wealth Management.
The currency is doing the "heavy lifting" for the Reserve Bank of Australia, explains Savanth Sebastian, equities economist at Commonwealth Securities.
Further upside for the U.S. dollar will be a struggle on the back of a soft labor market and a Fed rate hike delay, says Michael Every, head of financial markets research, APAC at Rabobank.
Central banks are in the spotlight in the week ahead, with decisions on monetary policy due in Australia and Japan.
Asian shares outside Japan advanced on Friday after the Fed decided to hold off on its first rate hike in nearly a decade.
Chinese shares took another tumble on Tuesday amid persisting worries about the health of the world's second-biggest economy.
Christoffer Moltke-Leth, director, Global Sales Trading at Saxo Capital Markets, expects the Aussie dollar to touch 72-73 U.S. cents soon on the back of the country's leadership change and hopes for more China stimulus.
While the Australian dollar could fall further if the Fed raises interest rates, it will stabilize around $0.68 against the greenback over the next 3-12 months, Tan Teck Leng, FX analyst at UBS Wealth Management.
Australia experienced the slowest economic growth in two years over the second quarter due in part to a sharp fall in export volumes.
The Australian dollar cracked below the key psychological level of $0.70 for the first time in over six years on Wednesday.
Michael Blythe, chief economist at Commonwealth Bank, says Australia's economy still faces several challenges including the downturn in mining activities and its large exposure to China.
David de Garis, senior FICC economist at National Australia Bank, talks about Australia's currency and recent decisions by the country's central bank.
Asian stocks slumped on Tuesday after surveys of China's mammoth manufacturing sector showed a further loss of momentum.
Annette Beacher, head of economic research at TD Securities, discusses the Reserve Bank of Australia's (RBA) decision to keep interest rates unchanged on Tuesday.
Richard Harris, chief executive at Port Shelter Investment Management, says expectations for an interest-rate increase will inevitably drive volatility, but a repeat of August's market meltdown is unlikely.
While the Reserve Bank of Australia (RBA) will likely keep interest rates on hold, the assessment of China-related risks will be key, says Ben Jarman, senior economist at JP Morgan.
Felicity Emmett, head of Australian economics at ANZ, says expectations for the unemployment rate to stay at 6 percent until 2017 indicate a "slight easing bias" for the Reserve Bank of Australia.
Australian banks and miners will be the losers in this corporate reporting season, says Joe Magyer, senior analyst at The Motley Fool.
The Australian dollar rallied after the Reserve Bank of Australia surprised some by tempering its call for a lower currency, triggering a short squeeze.