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.
The dollar edged down on as investors took advantage of the thin holiday trading session.
Chen Wei, chairman and co-founder of the proposed Sun Pacific Bank, sees an opportunity in the growing number of wealthy Chinese moving to Los Angeles.
The dollar rose towards a seven-month peak against a basket of major currencies on Tuesday.
Michael Spencer, co-head of global economics of Deutsche Bank, shares why further weakening in the yuan is unlikely.
The dollar fell against major world currencies on Monday as investors took profits on the greenback's surge last week.
China's trade figures missed expectations by a wide margin in October, reinforcing views Beijing will need to do more to stimulate demand.
China's President Xi is dropping into Singapore for a two-day state visit with Singapore's Prime Minister Lee. Here's what is likely to top the agenda.
The dollar jumped to a more than six-month high on after data showed the U.S. economy created more jobs than expected in October.
The dollar hit a three-month high against a basket of major currencies and a two-month peak versus the yen.
China's ghost towns may still spook retail investors, but big money players are still targeting the mainland's property sector.
The dollar rose sharply as remarks from Fed Chair Janet Yellen intensified bets the central bank would raise interest rates next month.
Australia's dollar gained almost 1 percent on Tuesday, after the country's central bank declined to cut interest rates further.
The dollar fell against the euro on Monday after comments from two members of the European Central Bank's governing council.
James Bevan, chief investment officer of CCLA Investment Management, expects the Chinese economy to slow at some point after the current round of stimulus.
Xu Xiang, head of one of China's largest private money managers, has been arrested, as Beijing ramps up its crackdown on market manipulators.
The Bank of Japan's decision to leave monetary policy unchanged pushed the yen up on Friday.
Antonin Jullier, global head of equity trading strategy at Citi, says banks have become more involved with China due to the growing appetite of Chinese residents to invest outside of the country.
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.