The dollar rose against the yen on Thursday, spurred by a jump in oil prices that put upward pressure on U.S. inflation expectations.
The dollar fell against the yen after a report from the Sankei newspaper that Bank of Japan policymakers are divided ahead of the central bank's next meeting.
Central bank data show China's foreign exchange reserves fell by $15.89-billion to $3.19-trillion in August.
Rumblings from China's State Council have indicated more policy loosening was on the way on the mainland, Goldman Sachs said.
The dollar fell on Tuesday after the release of a report on U.S. economic data that showed its worst reading since February 2010.
This came after the head of the BOJ disappointed investors who had expected a clear signal that monetary policy would be eased.
Despite volatility in the short-term, a Fed rate hike is unlikely to disrupt the upward trend in EM currencies, says BNP Paribas' Mirza Baig.
The chances of anything market moving coming out of the G-20 leaders' summit in Hangzhou, China are low, judging by currency strategists' comments.
The dollar fell on Friday after the jobs data disappointed.
Sterling jumped 1 percent against the dollar and hit a one-month high against the euro on Thursday.
This came as investors reversed bets made against the greenback on speculation that the Fed would not hike interest rates anytime soon.
The dollar hovering near a two-week high against a basket of currencies with investors focused on the next set of U.S. data.
The dollar rose after senior Federal Reserve officials bolstered expectations that U.S. interest rates will rise soon.
Markets will be eyeing non-farm payrolls due Friday as the data will have an impact on Fed expectations, says National Australia Bank's Christy Tan.
The dollar inched up on Friday as investors digested a speech from Federal Reserve Chair Janet Yellen.
The dollar was range-bound in illiquid Asian trade as currencies tread water ahead of the global central bankers' gathering in Jackson Hole.
The yuan's moves have become far less worrisome for markets even though it may take a while for investors to become more confident in China.
Investors focused on a gathering of central bankers for clues on when the U.S. Federal Reserve will hike interest rates again.
There are certain Chinese sectors that are seeing a concentration of inflows, notes BNP Paribas Investment Partners' Arthur Kwong.
Investors shifted their focus away from hawkish remarks on interest rates by Fed officials and towards Friday's Jackson Hole meeting.