Michelle Leung of Xingtai Capital reckoned a weaker renminbi would bring more inflows into the Hong Kong market.
The dollar climbed on Thursday as markets weighed the election of Trump for president and how his policies could affect economic growth.
HSBC's Paul Mackel talks about the risk-off sentiment in the forex markets and the depreciation pressures on the yuan.
Analysts say the move had more to do with a rally in the greenback than Chinese efforts to goose the economy with a cheaper currency.
The U.S. dollar traded higher on Wednesday as investors digested Donald Trump's stunning victory over Hillary Clinton.
Simon Derrick, BNY Mellon, discusses the impact of the Trump win on interest rates and currency markets.
The dollar tiptoed higher early on Wednesday, as markets put a higher chance on Hillary Clinton winning the U.S. presidential election.
The Mexican peso and Canadian dollar gained as investors upped their bets on a win for Hillary Clinton in the presidential election.
The central bank is widely believed to have sold U.S. dollars to cushion the yuan currency's descent in October as it fell to six-year lows.
The dollar jumped on Monday as news that Hillary Clinton would not face criminal charges gave the U.S. presidential contender an eleventh hour boost.
Significant monetary and fiscal easing is unlikely in China but the yuan is expected to be gradually depreciated, says Citibank Singapore's Zal Devitre.
The dollar slipped against the safe-haven Swiss franc on Friday on nervousness ahead of next week's U.S. presidential election.
Politics dominated currency markets on Thursday as election worries kept the dollar weak against the yen.
The U.K. currency spiked against the dollar on Thursday morning with the country's high court ruling that any proposed Brexit plan would have to be approved by lawmakers before being implemented.
The dollar hit lows on Wednesday on continued nervousness about a potential victory for Donald Trump next week.
The dollar hit lows Tuesday on U.S. political uncertainty, while the peso hit a low on positioning for a potential victory for Trump.
The dollar rose Monday on reduced worries over the FBI's investigation of more emails linked to Clinton's use of a private server.
Markets have been sanguine on the yuan because the sources of its weakness have been external factors such as the Fed, says Citi Private Bank's Ken Peng.
The dollar on Friday after data showing a deceleration in consumer spending overshadowed a economic growth reading.
The dollar hit a high on comments from Sweden's central bank, and on expectations of a December Federal Reserve rate hike.