The dollar rose after strong economic data further backed the case for the Federal Reserve to raise interest rates.
The U.S. dollar edged down as investors piled into safe-haven currencies on concerns about rising tension between Russia and Turkey.
While the currency has been calm for a while, it will take much longer to fully stabilize as Beijing moves to make it more market-driven, says Choon Han Ching, investment manager and principal at Kriya Capital.
The dollar rose to an eight-month high, as comments from a regional Fed president further cemented expectations of a rate hike next month.
Comments from European Central Bank chief Mario Draghi sent the euro down half a percent to below $1.07.
Chinese banks are alarmed by a rising number of defaults among jewelry manufacturers, prompting them to review new gold lending more carefully.
China's yuan may enter the IMF's basket at a lower weighting than previously estimated as the IMF considers rejigging the basket.
The dollar weakened across the board on Thursday after rising for four straight sessions.
The U.S. dollar stumbled against a basket of currencies on Thursday, even as the Fed's minutes indicated that a December rate rise is on the cards.
The dollar slipped briefly as markets digested minutes of the Federal Reserve's policy meeting, but the morning's gains quickly returned.
China's home prices edged up a tad in October, posting the first on-year gains in more than a year.
The dollar climbed on Tuesday as a rise in U.S. inflation reinforced expectations that the Federal Reserve will raise interest rates next month.
China's economic slowdown isn't spooking Morgan Stanley, which has its eye on the mainland's "new economy."
The dollar rose sharply, as markets were unshaken by the weekend attacks in Paris.
Julian Evans-Pritchard, China economist at Capital Economics, explains why the addition of the yuan to the IMF's SDR basket isn't that important to markets.
The dollar moved higher against major currencies on Friday as U.S. consumer sentiment beat forecasts.
If China's old economy doesn't find its footing, metals demand could take another hit, Goldman Sachs said.
The U.S. dollar dropped for a second day on Thursday as investors booked profits from its precipitous rise in November.
It was back to normal Thursday with the head of the European Central Bank (ECB) pushing down the euro with some dovish remarks.
To make China's products more competitive, Beijing may allow the renminbi to drift lower by 15-20 percent over the next 2 years, says Scott Minerd, managing partner & global CIO of Guggenheim Partners.