Rumors swirled on Tuesday that China's currency dropped sharply overnight, but the purported move may have been an isolated data hiccup.
The offshore yuan will pullback, but then resume an uptrend, says Daryl Guppy, CEO at Guppytraders.com.
Manufacturing has shifted to other low-cost hubs while global demand remains limp, says Francis Lun of GEO Securities.
The euro recovered from against the dollar after Renzi's loss in a referendum over constitutional reform was seen as largely expected.
The dollar fell Friday after posting gains the last three weeks as a solid, but not spectacular, U.S. payrolls report spurred doubts.
The dollar on Thursday lost ground as traders booked gains following a solid November and caution ahead of Friday's payrolls report.
CNBC's Eunice Yoon reports on the Chinese government's crackdown on outbound investments to stabilize the country's currency.
Progress in China's industrial sector led to better-than-expected PMI figures this month, says J.P. Morgan's Grace Ng.
The U.S. hit highs on Wednesday and after a surge in oil prices pushed U.S. Treasury yields higher.
The dollar fell on Tuesday as the greenback consolidated its position against most major currencies following a roller-coaster 24 hours
The dollar edged down on Monday, surrendering some gains after a sharp rally that followed Trump's surprise victory.
Foreign investors aren't very interested in Chinese stocks due to the lack of clarity in company filings, says Andrew Collier of Orient Capital Research.
Profit growth in China's industrial sector picked up in October, suggesting the world's second-largest economy strengthened.
The dollar retreated against its major currency peers, a pullback in U.S. bond yields spurring some profit-taking.
China's central bank will wait for the Fed's December meeting before considering yuan intervention, according to Hao Zhou of Commerzbank.
A yuan drop to 7 to the dollar may not be far off, according to HSBC's Herald van der Linde.
The dollar climbed past more of last year's peaks against the euro, pushing towards the parity that banks are saying is on the cards.
Official data indicate China has steadily sold U.S. Treasurys this year.
The dollar rose to around a 13-1/2-year peak on Wednesday after stronger-than-expected U.S. economic data.
It's more important to focus on the stable yuan currency basket than the dollar/yuan rate, says StanChart Private Bank's Clive McDonnell.