Donna Kwok, senior China economist at UBS, says she expects further yuan depreciation because the currency still overvalued by 5-10 percent.
The dollar ended 2015 with a more than 9 percent annual gain against a basket of currencies on Thursday.
The U.S. dollar rallied against commodity currencies such as the Norwegian crown and Russian ruble on Wednesday.
The U.S. dollar gained against the euro on Tuesday after greater risk appetite hurt demand for the shared currency.
China's central bank said it would "flexibly" use various policy tools to maintain reasonable growth in credit and social financing.
The U.S. dollar held near a more than one-week low against a basket of major currencies on Monday.
More than 220 flights at Beijing's airport were canceled Friday as pollution caused poor visibility, China's official Xinhua news agency reported.
The dollar fell against a basket of currencies on Thursday, putting it on track for its steepest monthly loss since April.
The dollar rose in thinned trading on Wednesday after data painted a mixed picture of the U.S. economy.
Aside from being bullish on the U.S. dollar, Steven Saywell, global head of FX strategy at BNP Paribas, reveals what other key trades in currencies are worth looking out for in 2016.
The dollar slipped against a basket of currencies on Tuesday as more traders booked profits on bullish greenback bets.
Traders focused their attention on slumping commodities prices, on the global economy and central bank policies.
Marc Ostwald, strategist at ADM Investor Services, says China should look abroad for investment opportunities.
Pu Yonghao, partner and CIO at Fountainhead Partners, says China faces three big bubbles in the stock market, currency markets and real estate markets.
MIchael Falcon, APAC CEO at JPMorgan Asset Management, discusses news of Hong Kong-China mutual fund recognition scheme, which offers more options for Chinese investors.
The dollar tumbled against the Japanese yen on Friday after the Bank of Japan merely tweaked its monthly asset-purchase program.
Despite expectations for an overall downtrend, the PBOC is likely to step in and defend the currency from sliding further following recent weakness, warns Roy Teo, senior FX strategist at ABN AMRO Bank.
Helen Qiao, greater China chief economist at BofAML, discusses the possibility of the renminbi becoming a freely-floating currency.
The U.S. dollar hovered near a two-week high against a basket of other major currencies a day after the Fed hiked interest rates.
The U.S. dollar lost some ground on Wednesday, after the Federal Reserve decide to raise interest rates for the first time in nearly a decade.