Asian shares shrugged off early losses and edged higher on Monday, while the Australian dollar was under pressure after no clear winner emerged from a weekend election.

EghtesadOnline: The dollar pulled away from the previous session’s 4-1/2 month lows against the yen on Wednesday as investors’ concerns over North Korea’s latest missile test eased for now, while the Australian dollar surged on upbeat construction data.

EghtesadOnline: Stocks pared recent gains and the dollar sat at an 11-month low as investors assess an investigation into the U.S. president that may stall his economic agenda. The Australian dollar plunged the most since May after a dovish speech by the central bank deputy governor.

EghtesadOnline: The dollar fell against a basket of currencies on Wednesday as investors re-evaluated whether the U.S. Federal Reserve will raise interest rates this year, which also sent the higher-yielding Australian dollar to a three-month high.

EghtesadOnline: The euro rose above $1.12 for the first time in more than a month on Tuesday while a cut in Australian interest rates failed to weaken the Australian dollar as the fallout of poor GDP data continued to weigh on the U.S. currency.