The dollar fell to the lowest level in three weeks on Friday after the U.S. jobs report came in far below expectations.
Analysts at the firm say they have a bearish view on the yuan due to a 'weak link' in the mainland's currency management strategy.
Goldman Sachs blames its change in sentiment on a "weak link" in mainland China's currency management strategy.
The dollar fell to its lowest against the yen in more than two weeks.
The U.S. dollar hit its lowest level in two weeks against the yen after Japan delayed a sales tax hike for longer than expected.
Investors received a reality check this week after a poll on the upcoming referendum highlighted that the vote might just be closer than many were thinking.
China's yuan fixing has been more orderly compared to earlier in the year when there were yuan devaluation fears, notes Bank of Singapore's Sim Moh Siong.
The dollar was mostly flat against a basket of major currencies after U.S. data failed to support expectations for a June or July Fed hike.
The dollar reached a one-month high against the yen on Monday, after Fed Chair Janet Yellen fanned expectations the Fed would raise U.S. rates soon.
The dollar index hit 2-month highs on Friday after Federal Reserve Chair Janet Yellen left the door open to a rate increase.
The dollar fell against the euro, yen, and franc after U.S. economic data showed weakness in business spending plans.
Increased defaults in China's corporate bond market - generally viewed as a positive - could send investors running for the hills, analysts warned.
Citi's Mohammed Apabhai says the yuan is moving in line with the strengthening dollar given the Fed rate hike expectations.
The U.S. dollar rose against the yen for a second straight day and hovered near its highest level in roughly 10 weeks against the euro.
The People's Bank of China cheapens the currency to its lowest level since 2011 as the dollar climbs.
The U.S. dollar hit its highest level against the euro in more than eight weeks on Tuesday and rallied against the yen.
The U.S. dollar gained against the euro on Monday after Federal Reserve officials made hawkish remarks on monetary policy.
The U.S. dollar hit its highest level against the yen in more than three weeks on Friday.
The dollar stood tall and set a three-week high against the yen on Thursday, after the minutes of the U.S. Fed's meeting rekindled expectations.
The dollar rallied to a three-week high against the euro and a basket of currencies on Wednesday.