The dollar inched up against the yen ahead of meetings at the Bank of Japan and the Fed which investors expect to be dollar-positive. » Read More
Richard Iley, chief economist of emerging markets at BNP Paribas, says the People's Bank of China (PBOC) has a strategy of "generalized devaluation" to weaken the yuan by at least 5 percent.
Quincy Krosby, market strategist at Prudential Financial, says the rebound on Wall Street overnight suggests short covering, especially in the energy sector.
Charles Li, CEO of Hong Kong Exchanges and Clearing (HKEx), says the move to devalue the yuan is part of China's plan to seek inclusion into IMF's Special Drawing Rights (SDR) currency basket.
Skip Aylesworth, portfolio manager of Hennessy Technology Fund, explains why Alibaba's announcement of a $4 billion share buyback program failed to shore up its stock price.
Jeremy Hill, managing director of Old Blackheath Companies, expects the dollar to be firm in the long run and discusses whether there's a buying opportunity in U.S. stocks following this week's losses.
The U.S. dollar fell on Wednesday to its lowest in about a month against a basket of major currencies.
Ken Brown, WSJ Hong Kong bureau chief, weighs in on latest market action out of the Chinese central bank and currencies.
Bob Mckee, chief economist at Independent Strategy Ltd, discusses how the Chinese government has "blinked" allowing the yuan currency to weaken.
Discussing China's "overnight fix", and whether investor fears are grounded, with Mike Moran, Standard Chartered Bank Senior Currency Strategist.
Discussing the potential global risks from China's currency moves, with Mark Luschini, Janney Montgomery Scott, and Neil Dutta, Renaissance Macro Research.
Trump critical of Yuan devaluation
Boris Schlossberg, managing director at BK Asset Management, discusses how China's decision to devalue the Yuan will impact the Fed and big exporters.
Chris Morrison, head of strategy at Omni Macro Fund, says there is more scope in the dollar/yuan trade for investors.
Chris Morrison, head of strategy at Omni Macro Fund, discusses China's decision to devalue the yuan.
Grace Ng, economist, Greater China at JP Morgan, outlines the factors that will put pressure on the Chinese yuan in the near term.
Chinese's surprise move to devalue the yuan, a looming Fed rate hike and weakening economies have created a perfect storm for Asian currencies.
Anantha Nageswaran, CEO of Vansight, explains why the Chinese currency could be in for further declines.
Jigar Shah, CEO of Maybank Kim Eng Securities, says the yuan's sharp depreciation will likely affect Indian manufacturers and spark a competitive devaluation in the rupee.
Raymond Jook, managing director at Avant Capital Management, expects the slew of Chinese data on Wednesday to paint a picture of weak growth, adding to the likelihood of further easing in the next few months.
Big-spending Chinese tourists fear their wings will be clipped if Tuesday's shock yuan devaluation develops into a deeper dent in their spending power.