The dollar was higher, after nearing a one-month low against a basket of major currencies.
As investors digested the ECB's new stimulus package, some are suggesting Draghi has shelved plans to drive the euro lower for the time being.
China's central bank Friday guided the yuan higher against the dollar by the fastest pace this year, leaving some puzzled by the size of the move.
The euro rose to a three week-high against the dollar on Thursday, rallying from a six-week low.
The euro held firm on Wednesday in choppy trading as investors awaited an European Central Bank meeting.
Weak Chinese trade data stoked safe-haven demand for the yen on Tuesday.
The dollar index fell as big gains in oil prices rekindled demand for the euro and commodity-sensitive currencies.
Bill O'Neill, head of U.K. investment office at UBS, discusses if investors should be concerned by any reduction in China's foreign exchange reserves.
China's rush of capital outflows may not be a huge red flag, if you look at where the funds flowed.
The dollar hit one-week lows against the euro and fell against the yen after a drop in U.S. wages in February overshadowed strong jobs growth.
The U.S. dollar was set to post its biggest one-day percentage decline against the euro in more than three weeks.
The U.S. dollar dipped against the yen on Wednesday on concerns over U.S. economic growth but hit a more than one-month high against the euro.
The U.S. dollar rebounded against the yen and hit one-month highs against the euro on Tuesday.
Small businesses are feeling the negative affects in the South African tourism industry after a 27 percent drop in the rand.
China appears to have prioritized goosing growth over concerns about fund outflows, with the PBOC Monday cutting banks' reserve requirement ratios.
The yen rose broadly on Monday as investors sought its safety following a statement from the Group of 20 countries.
Frederic Neumann, HSBC, weighs in on China's monetary policy and its impact on the Chinese economy. What the economy needs is more demand, says Neumann.
The dollar gained after generally upbeat U.S. data revived some expectations that the Fed could consider raising interest rates again this year.
Gold is still expensive, but rising economic risks and market turmoil mean investors should buy it for insurance, Deutsche Bank said Friday.
Former Treasury Secretary Henry Paulson, who oversaw bank bailouts in the global financial crisis, has different advice for China: Let companies fail.