The euro fell on Wednesday, with investors wary after European Central Bank officials ramped up efforts to talk down the currency, with arguably its most hawkish member hinting at a radical softening of monetary policy.
Barney Singer, head of emerging market FX trading at Nomura, says despite a bearish outlook on China, the Aussie dollar is likely to move higher as the country's economy looks strong.
Jeremy Hook, Private Client Advisor at TMS Capital, explains why Glenn Stevens, governor of the Reserve Bank of Australia (RBA), did not attempt to talk down the Australian dollar on Wednesday.
Sterling firmed against a weaker euro on Tuesday after European monetary policy makers signaled possible monetary easing to avoid deflation.
Callum Henderson, Global Head of FX Research at Standard Chartered, outlines three reasons for Australian dollar's resilience.
Robert Rennie, Global Head of FX Strategy at Westpac Bank, discusses why the Australian dollar shrugged off a weak preliminary reading of Chinese factory activity.
The euro was hurt by signs that growth was slowing in the euro zone's largest economy, Germany.
Jonathan Cavenagh, Senior FX Strategist at Westpac Institutional Bank, discusses the movements of the Australian dollar, after China's HSBC flash PMI contracted for the third straight month.
Data showing a record euro zone trade surplus in January helped the euro rise against the dollar for the first time in three days.
The dollar steadied against major currencies on Thursday after being jerked higher overnight by a Federal Reserve message that a rate hike would be sooner than expected.
Sooner-than-expected U.S. rate hikes and weak Chinese data will weigh on the Australian dollar over the next 12 months, says Sam Henderson, CEO of Henderson Maxwell.
The dollar rose against the yen and euro on Wednesday, following the Federal Reserve's announcement it will further unwind monetary stimulus.
A modest easing of tension in Ukraine and a slight increase in U.S. Treasury yields sent the euro on Tuesday against the U.S. dollar and the yen.
The yen heads for its biggest weekly gain in more than a month against the dollar, on tensions in Ukraine and the Chinese economy.
Boris Schlossberg, Managing Director at BK Asset Management, says the European Central Bank's rare shift in stance changed trading sentiment for the currency. He also commented on the Aussie's recent rally.
Fears the crisis in Ukraine could intensify led traders to the safe havens of the Japanese yen and Swiss franc.
Investors can look to the New Zealand dollar for buying opportunities, in particular against the Australian dollar which is likely to head lower in coming months, says Ed Ponsi, Managing Director at Barchetta Capital Management.
Concerns about China and other developing economies weakened the Australian dollar and currencies closely linked to commodities markets.
The ECB's forward guidance may adjust policy to tighten the slack in the Euro zone economy, a senior ECB official said.
The U.S. dollar was supported by hopes U.S. job growth would pick up in the wake of last week's data.