Daily FNArena News - Currencies

Danske Bank has lowered expectations for the euro and suggests the Aussie dollar is unlikely to reach new highs against the greenback.

We’ve seen the peak in AUD strength and in USD weakness, suggests CommBank while NAB highlights a very “dangerous” IMF report on inflation.

NAB has revised its timetable for the Australian dollar reaching parity against the US dollar.

Recent AUD weakness versus the USD is raising some questions, like: where will it go from here and are there some winners and losers?

Commonwealth Bank suggests the US dollar might move higher in the next few weeks, which would possibly impact on Australian stocks.

CBA believes it is better to go short the the Aussie dollar against the New Zealand dollar, and here’s why.

Last week’s better than expected US employment report leads analysts to suggest short US dollar positions are becoming increasingly risky to hold.

The US Federal Reserve’s position on maintaining low interest rates will continue to suppress the US dollar.

Upcoming maturities in the Uridashi bond market could impact on the Australian dollar in relation to both the yen and the New Zealand dollar according to CBA.

The US dollar is struggling to break down as central bank activity is stepped up in both currencies and gold.