The dollar nursed modest losses, having suffered a setback on signs the U.S. economy had slowed in the first quarter which could delay Fed rate hikes.» Read More
Michael Every, Head of Financial Markets Research Asia-Pacific at Rabobank shares his outlook on China's currency following the central bank's reform measures.
Simon Derrick, Chief Currency Strategist at BNY Mellon highlights the importance of the PBOC's move to widen the yuan's trading band and explains how that will be dollar negative.
The dollar edged lower in choppy trading after the Chinese central bank said it would gradually exit from regular intervention in the foreign exchange market.
The safe-haven dollar and yen fell on Monday after China announced its most sweeping economic and social reforms in nearly three decades.
Aroop Chatterjee, FX Strategist at Barclays joins us live at SGX to explain his bullish stance on the Chinese Yuan as the nation continues its re-balancing drive and growth slows.
The dollar rose against the euro on Wednesday in a lackluster session with investors continuing to trade on comments from a member of the Federal Reserve that seemed to keep the door open to a first drawdown in stimulus next month.
The dollar eased on Wednesday but still clung near a two-month high against the yen, supported by speculation that the U.S. Federal Reserve is on course to start reducing its stimulus as early as December.
The dollar rose broadly, hitting a one-month peak against the yen on Tuesday on higher U.S. bond yields.
The dollar paused in its advance against the euro on Monday after two days of strong gains.
The dollar soared against the euro and yen after data showing U.S. job growth unexpectedly accelerated in October.
Geoff Raby, Vice Chairman, Macquarie Group China also the Former Australian Ambassador to the PRC speaks about the likely reforms China's leaders may unveil at the Third Plenum.
The euro fell to a more than seven-week low against the dollar after the European Central Bank shocked investors by cutting interest rates.
The euro rose as stronger-than-expected German industry data increased uncertainty over whether the ECB would cut interest rates this week.
The euro fell on Tuesday, hit by speculation the European Central Bank may signal easier monetary policy.
Michael De Jong, Finance Minister of British Columbia, Canada thinks internationalization of the Chinese currency is inevitable and explains why his government issued renminni bonds.
The euro touched a six-week low on Monday after suffering its biggest drop in over a year last week as pressure mounted on the European Central Bank to cut interest rates to shore up growth.
The dollar hovered near a two-week high on Thursday as some investors cut negative bets on the currency.
The dollar turned positive against a basket of major world currencies in thin trade on Wednesday.
The dollar inched up, but stayed near a nine-month trough as investors bet the Federal Reserve this week will set the course for its massive stimulus program to be maintained.
The dollar edged higher on Monday but held close to a nine-month low against a basket of currencies.