The yen built further on a round of strong gains since the Bank of Japan meeting, moving to an 18-month high against the dollar. » Read More
With inflation data below expectations, the Chinese central bank will cut interest rates and the reserve requirement ratio again in the fourth quarter, says Dickie Wong, executive director of Kingston Securities.
The dollar softened on Thursday as global stock markets turned down.
Hartmut Issel, head of equity and Macro APAC at UBS Wealth Management, says Chinese Premier Li Keqiang's speech on Thursday suggests that China is happy with growth being at a "reasonable range around 7 percent."
China Premier Li Keqiang tried to reassure global markets on Wednesday that Beijing can keep its economy on track and stock markets in check.
Alaistair Chan, economist at Moody's Analytics, says the stability of the yuan hinges on the pace of capital outflows and investor sentiment.
Patrick Chovanec, chief strategist at Silvercrest Asset Management, says U.S. markets are looking at China-related issues, falling crude oil prices and the looming Fed rate hike.
The dollar rose on Wednesday, following equities rallies on Wall Street, Europe and Asia.
Daryl Liew, head of portfolio management at REYL Singapore, says stimulus measures will need time to materialize hence China's gross domestic product (GDP) will only see a pick-up in the fourth quarter.
The dollar was mixed as rising stock markets and positive German economic data gave global investors reasons to throttle down the risk aversion.
Todd Elmer, currency strategist at Citi, says the fall in China's foreign exchange reserves "was not quite as bad as it could have been."
China is heading in the right direction to make its currency fully convertible, but the choice of timing was bad, says Tony Nash, chief economist & managing partner at Complete Intelligence.
David Carbon, managing director of economics & currencies at DBS, discusses news that China's foreign exchange reserves posted their biggest monthly fall on record last month.
The dollar clawed back some of the ground it had lost against the yen on Monday, after skidding on mixed U.S. employment data.
William Ma, chief investment officer at Gottex Fund Management, explains why he agrees with Zhou Xiaochuan, People's Bank of China Governor, that China's stock market has almost completed its correction.
Andy Rothman, investment strategist at Matthews Asia, says the policy confusion regarding the Chinese yuan is "disturbing."
Chris Konstantinos, director of international portfolio management at Riverfront Investment Group, discusses the comments from China at the G-20 meeting.
The dollar stood lower on Friday as data showing U.S. unemployment in August at its lowest since 2008.
Yoshiaki Ito, president & chief executive officer at Haier Asia, discusses the firm's sponsorship for the ONE Fighting Championship and later explains whether China's slowdown could affect the company.
The euro fell 1 percent on Thursday, surrendering most of the solid gains put up against the dollar.
Simon Denyer, The Washington Post, shares his thoughts on China's military show at today's Victory Day parade.