The dollar fell as traders bought back the euro, reckoning further monetary easing had already been priced into the single currency.» Read More
The U.S. dollar advanced against major currencies after stronger-than-expected data on U.S. manufacturing activity and construction spending.
China's economy faces more downside than upside risks, says Bill Adams, Senior International Economist at PNC
The dollar was mixed on Friday with month-end selling after a recent rally.
China is pulling out all the usual easing props to counter its slowing economy, but the old hats don't appear to be working as well as they used to.
The dollar climbed to a 12-1/2-year high against the yen as investors bet that U.S. interest rates will rise later this year.
The dollar rose against most major currencies on Wednesday, hitting an eight-year peak against the yen.
The IMF says the Chinese yuan was no longer undervalued.
While the Chinese yuan could be included in the IMF's Special Drawing Rights basket by end-2015, Beijing still has "a lot more homework to do," says Frederic Neumann, chief economist, Asia at HSBC.
Helen Qiao, chief Greater China economist at Morgan Stanley, says the launch of the "Qualified Domestic Individual Investor program" is part of China's commitment to make the yuan more convertible.
Sonja Laud, investment director of Global Multi Asset Group at Baring Asset Management, discusses the outlook of China's economy and explains why she sees value in Hong Kong markets.
The dollar rose more than 1 percent, extending recent gains driven by increasing expectations the Fed will start raising rates.
The dollar hit a one-month high against a basket of major currencies after stronger-than-expected underlying U.S. inflation bolstered the Fed's case for a rate hike.
The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report uptick.
The U.S. dollar weakened against the euro on Thursday for the first time this week.
The dollar stepped back but held close to a two-week peak as investors focused on the pace of the U.S. Federal Reserve's coming interest rate hikes.
The dollar stepped backbut held close to a two-week peak as investors focused on the pace of the U.S. Federal Reserve's coming interest rate hikes.
Signs that China's reforms may be paying off have sprung up in Hangzhou, where a booming tech and software sector has fired up the local economy.
The dollar made broad-based gains, recovering some ground after several weeks of selling that brought the greenback to more attractive levels.
The dollar clawed its way higher, recovering from almost four-month lows reached late last week on another surprisingly bad round of U.S. data.
The recently interrupted bull-run in the dollar has weighed heavily on company dividends, with global pay-outs slumping.