The dollar has soared once again after the White House talked down the prospect of a currency agreement to weaken the greenback. And the rally has brought further losses to the pound and the euro, while the onshore yuan fell to the weakest level since 2008. The yen remained near the key 145 mark versus the dollar. On Money in the Market, Jeff Ng, Senior Currency Analyst at MUFG, talks the decline of the Chinese yuan; the prospects of the pound hitting $1 by year-end; and whether the SingDollar can replace the Japanese yen as Asia's safe-haven currency.