The dollar lost ground against the yen and the euro as global stock markets began the week in the red, prompting investors to trim bets.» Read More
Richard Yetsenga, Head of Global Markets Research at ANZ, describes what could continue to drive the yuan lower against the U.S. dollar.
Data showing a record euro zone trade surplus in January helped the euro rise against the dollar for the first time in three days.
As the PBOC continues to moderate speculative money flows, Tommy Xie, Economist, Treasury Research & Strategy at OCBC Bank, explains why the yuan is set to depreciate further.
Lu Ting, Greater China Economist at Bank of America Merrill Lynch, dismisses the possibility of the yuan falling to 6.4 against the greenback.
The dollar steadied against major currencies on Thursday after being jerked higher overnight by a Federal Reserve message that a rate hike would be sooner than expected.
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.