The dollar was mixed on Friday with month-end selling after a recent rally.» Read More
The dollar fell to a 3-month low against the euro as disappointing data on factory activity and consumer sentiment spurred doubts about recovery.
The U.S. dollar traded lower against a currency basket after downward producer price data challenged hopes for better U.S. economic growth.
Venezuela’s black market exchange rate weakened below a key level on Thursday, as the bolivar’s decline steepened in the face of hyperinflation and a rapidly shrinking economy.
Michael Kelly, managing director and global head of Asset Allocation at PineBridge Investments, says recent policy moves are linked to local government debt and Beijing's aim for the yuan to become a reserve currency.
China's economic growth looks set to miss the government's targets, but the mainland's markets still offer good value, Pimco said in a note.
The U.S. dollar hit a more than three-month low against a basket of major currencies on Wednesday after weaker-than-expected U.S. retail sales data.
Fund managers invested in U.S. markets are still expecting the dollar to return to strength, with euro dollar parity still very much on the cards.
The dollar rose against the euro on renewed worries over a Greek exit from the eurozone, while the New Zealand dollar plunged against the greenback.
While there's a risk that the yuan could be weakened to support the economy, China still prefers interest rate and RRR cuts for now, says Sean Callow, senior currency strategist at Westpac Bank.
The dollar gained against the euro as a mixed U.S. jobs report stoked uncertainty over the health of the U.S. economy.
Paul Mackel, head of Asia Currency Research at HSBC, says further cuts in the reserve requirement ratio and interest rates are likely in the piepline, but China will draw the line at quantitative easing.
China's exports and imports tumbled in April, dashing hopes of a seasonal rebound and underscoring concerns over the spotty trade picture in the world's second biggest economy.
The dollar recovered against the euro after German bund yields retreated from their highs for the year.
The euro hit a ten-week peak, tracking European bond yields higher and benefiting from a sell-off in the dollar after weak U.S. jobs data
Eswar Prasad, senior professor of Trade Policy at Cornell University, says recent economic indicators make it much harder to sustain the case that the renminbi is significantly undervalued.
John Burke, CEO of Burke Financial Strategies, explains why Fed chair Janet Yellen's comments on equity valuations and interest rates overnight are "scary".
The dollar fell from three-week highs against the yen and one-week peaks versus the euro.
The dollar edged higher in thin trading after a two-week drop tied to data suggesting the U.S. economy might be stabilizing.
Remember those worries about a China property crash? Forget all that. Analysts are turning freshly positive on the mainland's property plays.
May 3- The International Monetary Fund is close to declaring China's yuan fairly valued for the first time in more than a decade, the Wall Street Journal reported on Sunday. The IMF's reassessment of the yuan is set to be made official in its reports on China's economy due in the coming months, the Wall Street Journal reported. "On the exchange rate, last year, 2014, our...