The U.S. dollar (DX-Y.NYB) has been under pressure after China's central bank made moves to push back against the dollar's strength. It's also feeling the impact of hawkish talk from the head of Japan's central bank. Yahoo Finance Markets Reporter Jared Blikre breaks down the dollar's moves.
Tina Turner was an American-born singer. Known as the "Queen of Rock 'n' Roll." -- China escalated its defense of the yuan by delivering a strong verbal warning to speculators and forceful guidance to investors with its daily reference rate, measures that pushed the managed currency away from a 16-year low.
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