The dollar hit a four-month high against a basket of currencies, bolstered by strong U.S. data and expectations of Fed rate rises.
The dollar rose against a basket of major currencies after U.S. housing starts rose by more than expected in June.
The Yen slips broadly as Turkey quells an attempted military coup, while calm in UK prompts sterling bump.
The British pound could be showing signs of a false dawn, according to currency analysts, who suggest that a recent rally could soon give way to more bouts of heavy selling.
The dollar spiked against the Turkish lira after gunfire was heard in the capital of Ankara on Friday.
CNBC's Eunice Yoon breaks down the data on China's economy which beat expectations but saw private sector investment growth touch a record low.
The pound will likely retrace back to $1.31 against the greenback, after the Bank of England held rates steady, says Maybank's Saktiandi Supaat.
China's second-half GDP is likely to rise up to 6.8 percent with support from more fiscal stimulus, says Standard Chartered's Clive McDonnell.
The Bank of England surprised market by holding fire on post-referendum rate cut.
Beijing is likely to be opportunistic but orderly about managing its currency, says JPMorgan Asset Management's Kerry Craig.
The dollar falls while the Bank of Canada announced that it will hold interest rates.
The dollar eased slightly against the yen on Wednesday, but remained close to 2-1/2-week highs.
With global fixed income yields low, Asia and emerging market bonds and credit offer attractive returns, a portfolio manager at Fidelity told CNBC.
China's June trade figures will be softer year-on-year due to a strong base effect and weaker global economy, says JPMorgan's Grace Ng.
China's currency may be expected to stay relatively stable, but that's based on myths about the mainland economy, Daiwa said.
The yen fell against the dollar after the Japanese ruling coalition's victory boosted hopes for more monetary stimulus.
China has some room for another RRR cut, but not by much because inflation could pick up towards the year end, UBS WM's Kelvin Tay says.
China needs to ease further in order to hit its GDP targets and incentivize the private sector to invest more, says Commerzbank's Hao Zhou.
The major risks in China are in the restructuring of state-owned enterprises, says Societe Generale's Alain Bokobza.
China's June consumer inflation grew at its slowest since January, while producer prices extended falls, reinforcing expectations for more stimulus.