*IMF expects China growth of 6.8 pct this year. BEIJING, May 26- China's yuan currency is no longer undervalued after its recent substantial appreciation, but the government should quicken reforms to get to having "a floating exchange rate", the International Monetary Fund said on Tuesday. In a reference to how China still has a large trade surplus, despite yuan...» Read More
The dollar rose broadly on Wednesday after Federal Reserve Chairman Ben Bernanke confirmed market expectations that the U.S. central bank will start reducing its monetary stimulus.
The dollar stayed on the defensive on Wednesday ahead of Federal Reserve Ben Bernanke's semi-annual testimony in Congress later in the day.
Simon Constantinides, Regional Head of Global Trade and Receivables Finance, Asia-Pacific at HSBC, discusses the bank's latest report on the yuan's role in settling cross-border business.
The dollar eased versus a basket of currencies Tuesday, supported by the view that the Fed is likely to be the first to move away from ultra-loose monetary policy.
Fund managers are more bullish on the dollar than ever before, with a record number expecting the greenback to strengthen in the next 12 months.
The dollar rose on Monday amid anticipation of improved U.S. sales data which could hasten moves by the country's central bank to wind down its stimulus programme.
The U.S. dollar fell to multi-week lows as traders scaled back expectations that the Federal Reserve will slow its asset purchases in the coming months.
Weak trade data has led Lombard Street Research to warn that China could shock markets with a quarter-on-quarter contraction in GDP.
CNBC's Eunice Yoon reports highlights of the tense relationship between the two countries as they confront issues of cybersecurity and trade.
The dollar tumbled against the euro and yen on Wednesday after the minutes from the Fed's policy meeting dented expectations of a near-term reduction in stimulus.
The U.S. dollar edged off three-year highs against major currencies on Monday but looked poised to resume gains after last week's strong U.S. jobs data.
Boris Schlossberg, BK Asset Management, provides his views on currencies and the U.S. dollar's climb back. And Kevin Book, ClearView Energy Partners, has the outlook on oil and gas prices.
The dollar touched a five-week high against the yen and a six-week peak against the euro on Friday on good U.S. jobs data.
Thomas Vitiello, Aurum Options Strategies, provides his short-term bearish outlook on gold prices. And David Woo, BofA Merrill Lynch, discusses why the U.S. dollar is poised to get stronger.
The euro fell to a five-week low against the dollar on Thursday after the European Central Bank chief's announcements.
The yen rose across the board on Wednesday as political instability in Egypt and Portugal prompted investors to seek refuge in the Japanese currency.
The dollar breached 100 yen again to hit a four-week high on Tuesday amid growing optimism that U.S. jobs data will prompt the Federal Reserve to scale back stimulus.
The dollar fell against most currencies, while the yen dropped to its lowest in nearly four weeks versus the greenback on Monday.
The sell-off in commodity currencies over the past two weeks has hit the Norwegian krone particularly hard, but according to one strategist the decline is "overdone" and the krone is set for a rebound.
The dollar advanced against the yen and the euro on Friday as investors resumed pricing in the possibility that the Federal Reserve will begin to pare back its bond-buying program as soon as its September policy meeting.