CHICAGO, Aug 28- U.S. retailers including Toys R Us are starting to negotiate with their Chinese suppliers to take advantage of lower manufacturing costs after China devalued the yuan, with many saying they want to be ready if currencies in China and other Asian countries drop more against the dollar. Earlier this month, China devalued its tightly controlled...» Read More
Hamish Pepper, Forex Strategist, Asia Pacific at Barclays, says the Chinese central bank's move to moderate capital inflows will continue to engineer volatility for the yuan.
The dollar rose against the yen and euro on Wednesday, following the Federal Reserve's announcement it will further unwind monetary stimulus.
A modest easing of tension in Ukraine and a slight increase in U.S. Treasury yields sent the euro on Tuesday against the U.S. dollar and the yen.
CNBC's Rick Santelli takes a look at the latest yields in Treasurys, as the Japanese yen moves into positive territory
The euro fell against the dollar and pared its gains against the yen on Monday.
Hans Goetti, Head of Investment Asia at B.I.L, says China's central bank may be keen to keep its currency weak in order to give exports a boost.
Jonathan Cavenagh, Senior FX Strategist, Asia at Westpac Institutional Bank, says the widening of the yuan's trading band may create a short squeeze in the dollar-yuan trade.
Vasu Menon, Vice President, Wealth Management Singapore at OCBC Bank, says the doubling of the yuan's trading band is part of Beijing's strategy to internationalize its currency.
David Greene, Head of Dealing at AFEX Australia, describes where the Chinese currency is headed following the PBOC's move to double the trading band.
David Kuo, CEO at Motley Fool Singapore, says the currency could see a depreciation after the PBOC doubled its trading band, which may result in a pick up in inflation.
The People's Bank of China (PBoC) announced late Saturday that it will be widening the currency's daily trading band to 2 percent from 1 percent. CNBC's Deirdre Wang Morris reports.
The yen heads for its biggest weekly gain in more than a month against the dollar, on tensions in Ukraine and the Chinese economy.
The euro has continued to strengthen with strategists debating whether the boost was from China's move to diversify its foreign holdings.
Fears the crisis in Ukraine could intensify led traders to the safe havens of the Japanese yen and Swiss franc.
CNBC's Rick Santelli discusses how this morning's revised retail number is impacting Treasurys, and takes a look at the action in Japanese government bonds and the Chinese yuan.
Concerns about China and other developing economies weakened the Australian dollar and currencies closely linked to commodities markets.
The ECB's forward guidance may adjust policy to tighten the slack in the Euro zone economy, a senior ECB official said.
John Rutledge, SAFANAD chief investment strategist, provides perspective on China's economy and its likely impact on global markets.
Yuan weakness may spike some companies' carry trades, adding further concern over emerging market corporate balance sheets amid rising offshore debt.
The U.S. dollar was supported by hopes U.S. job growth would pick up in the wake of last week's data.