CHENGDU, China, July 23- China has demonstrated commitment to moving toward a market-driven exchange rate, said a senior U.S. That's an important step, "he said, noting that China in recent months had intervened in currency markets to keep the yuan from falling. He also said he saw a path for China to manage a soft landing for its economy. » Read More
The dollar index slipped the day after a hawkish statement from the U.S. Federal Reserve.
The euro fell against the dollar on Wednesday after the Federal Reserve kept interest rates unchanged.
Currency experts expecting the euro to reach parity with the U.S. dollar have been labeled "tiresome" by one strategist.
The dollar held firm against a basket of currencies on Tuesday as traders await the Federal Reserve's decision.
Richard Harris, chief executive of Port Shelter Investment Management, says it is hard to tell whether China has bottomed.
The dollar dipped on Monday although an improvement in risk appetite after China's monetary easing limited the losses.
The euro stumbled to a two-month low against the dollar on Friday.
The prospect of the euro falling to equal the dollar has returned with a vengeance after the ECB signaled it was willing to extend QE.
Jason Ambrose, founder and CEO of Vanda Research, identifies the three challenges that China is facing.
The euro tumbled on Thursday after European Central Bank President Mario Draghi said the bank discussed a further interest rate cut.
Sim Moh Siong, FX strategist at Bank of Singapore, discusses the motives behind Beijing's the currency reforms.
The dollar rose against emerging market and commodity-linked currencies on Wednesday.
The euro rose against the dollar on Tuesday, after falling for three straight sessions.
The recovery in commodity prices and related currencies is still tentative, says Christy Tan, head of markets strategy in Asia at National Australia Bank.
Ajay Kapur, head of APAC and EM strategy at BoAML, says countries may use fiscal policy to become more competitive in the global fight for a slice of the exports pie.
The euro slipped to a 10-day low against the dollar on Monday, as investors eyed a European Central Bank meeting later in the week.
The markets are pricing in too much growth, says Chris Wolfe, Merrill Lynch Private Bank, discussing his outlook on earnings season and the recent rally. Also Wolfe weighs in on where he is seeing investment opportunities.
CNBC's Eunice Yoon reports the latest numbers on China's economy as some concerns surface about the integrity of the data.
The dollar rose broadly, as traders reckoned the Federal Reserve might raise interest rates later this year.
The dollar rose against a basket of currencies as underlying domestic inflation strengthened more than expected in September.