August’s wave of currency interventions could just be the start of a “race to the bottom,” with several major emerging markets looking set to devalue in the near-future.
Jon Hall, director of Mount Anvil, says investment purposes and education are among the primary motivators for Asian buyers to buy properties in London.
The dollar fell against a basket of major currencies, with investors trimming bets in its favor.
The dollar fell on Wednesday as investors positioned for a U.S. interest rate hike in September pulled back.
The dollar rose against a basket of currencies for a third trading day running, as worries about a China-led "currency war" abated.
Emerging markets currencies took it on the chin Monday and one analyst has told CNBC that the selling will only intensify.
The dollar rose against a basket of currencies on Friday as U.S. producer prices in July hinted some pickup in inflation.
The U.S. dollar recovered on Thursday after China's central bank said there was no basis for further yuan depreciation and on U.S. data.
The U.S. dollar fell on Wednesday to its lowest in about a month against a basket of major currencies.
The yuan suffered its biggest fall in over two decades on Tuesday.
The dollar slipped from a nearly four-month high after comments stoked uncertainty over whether the Fed would hike rates in September.
The slump in EM currencies could persist well past the Fed's first rate rise, due to Chinese economic weakness and commodity prices that have yet to bottom out, analysts have warned.
The dollar dropped from a near four-month high against a currency basket on Friday, as investors pared back bullish bets following jobs data.
The dollar edged lower against major currencies in choppy trading on Thursday, as investors balanced their positions ahead of Friday's data.
Simon French, chief economist at Panmure Gordon, talks about inflation, sterling and what we are likely to hear from the Bank of England on "Super Thursday".
The dollar traded little changed on Wednesday as data showed the U.S. services sector expanded at its fastest pace in 10 years.
Alan Clarke of Scotiabank discusses the Bank of England and the strength of sterling.
The dollar rose on Tuesday as a top Fed official voiced support for an interest rate increase in September despite a batch of disappointing data.
The dollar gained as investors looked ahead to jobs data on Friday that is expected to show a still strengthening labor market.
The dollar's appreciation has "peaked" and the U.S. economy is "doing nothing," an economist has told CNBC.