Asia markets trade mixed in cautious trade after Dow, S&P 500 post records.
Official data indicate China has steadily sold U.S. Treasurys this year.
Japan shares turned higher on Tuesday as the damage from an earthquake appeared moderate, while most other Asian markets rallied.
Asian markets traded mixed on Monday as dollar strength took a breather and oil prices surged.
Asian equities traded higher Wednesday, with the Nikkei holding gains of more than 1 percent as dollar/yen remained around the 109 mark.
China's currency fell to nearly eight-year lows against the dollar on Tuesday as a surge in the greenback continued to weigh on the yuan.
Guppytraders CEO, Daryl Guppy talks about the implications of a Donald Trump presidency on China, with comment on the yuan currency.
The central bank is widely believed to have sold U.S. dollars to cushion the yuan currency's descent in October as it fell to six-year lows.
With the Fed expected to tighten monetary policy, cost of capital in Hong Kong will increase too, says Gavin Parry, MD at Parry International Trading.
The dollar is a direct and powerful transmission mechanism of American monetary policies to the rest of the world.
Adrian Zuercher, MD at UBS, says recent positive PPI and PMI data reflect stabilization in the Chinese economy.
Asian markets traded lower, as worries about the U.S. presidential election, weak Japan data and lower oil prices weighed on sentiment.
Markets have been sanguine on the yuan because the sources of its weakness have been external factors such as the Fed, says Citi Private Bank's Ken Peng.
China's central bank will take into account off-balance sheet financing at commercial banks to assess their overall financial health.
China's economy has managed a curiously singular feat for any country: Growing a steady rate of 6.7 percent for three quarters in a row.
The world's second-largest economy grew 6.7 percent on-year during the July-September quarter, unchanged from the previous period.
The central government will need to be part of the solution to China's NPL problem, says Kieran Calder, head of equity research at Union Bancaire Privée.
China's consumer prices rose 1.9 percent on-year in September, while producer prices surprised by rising 0.1 percent on-year.
Asian markets were lower Wednesday, with Samsung shares falling as the Galaxy 7 Note smartphone fallout continued.
The PBOC's long-term depreciation policy will be a gradual process, says Union Bancaire Privée's Mark McFarland.