The dollar tumbled on Thursday, as risk appetite took a turn for the worse after soft Chinese trade data spooked the market.
China's exports saw their biggest loss since February.
China's exports and imports for September came in well below expectations, dented by weak demand at home and abroad.
Weak global demand and depreciation in the yuan did no favors for Chinese exports, says Yifan Hu, CIO at UBS WM.
The dollar held gains Wednesday after Fed meeting minutes reinforced expectations that the central bank would hike rates in December.
The resilience of the dollar has been more surprising than the weakness in the yuan, says Sean Callow, senior currency strategist at Westpac Bank.
The PBOC's long-term depreciation policy will be a gradual process, says Union Bancaire Privée's Mark McFarland.
The dollar hit a high on Tuesday as investors increased bets that the Federal Reserve would raise interest rates in December.
Developments to take note of are cooling measures on property and pressure on the yuan, says Steven Sun, head of China equity strategy at HSBC.
Few companies are capitalizing on the Chinese government's new infrastructure initiatives, says HSBC.
The pound steadied while the peso surged after the damaging publication of a video of Trump making vulgar comments about women.
China's services sector created jobs at the fastest pace in seven months in September, Caixin PMI showed.
The sterling tripped lower, while the dollar slipped on news of unexpectedly weak U.S. job growth in September.
The dollar gained against a basket of currencies on Thursday, hitting its strongest level in two months.
The dollar was little changed as upbeat data on U.S. services sector offset a weaker-than-expected report on private job growth.
Dealogic data shows China overtaking the U.S. as the world’s largest assets acquirer, according to the South China Morning Post.
The sterling stumbled against the dollar on fears over the fallout of Britain's looming exit from the European Union.
Sterling fell against the dollar after a deadline was set for the start of the formal process that will split Britain from the EU.
Karine Hirn, a partner at East Capital, discusses the significance of China's renminbi being added to the IMF's basket of reserve currencies.
The euro erased losses against the dollar after hitting a nine-day low on reduced concerns surrounding Deutsche Bank's health.