China stepped in on Wednesday to support the yuan, showing how far Beijing is willing to go to keep its currency stable as ...
Escalating trade tensions between the US and China are spurring yuan traders to prepare for greater volatility lasting into ...
USD/ CNY dipped on Wednesday as Chinas yuan firmed on strong PBOC fixing despite US-Sino tensions. The Peoples Bank of China ...
China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in a year, as ...
The Chinese yuan is gaining prominence in global finance as more nations look beyond the US dollar. Its share in worldwide ...
Indian Oil Corporation, reported Reuters on October 16, has paid for two to three cargoes of Russian oil in yuan, marking a ...
Cryptocurrency markets fluctuated between gains and losses after a sharp selloff on Friday, with bitcoin last trading up 0.4 ...
Asian stocks advanced after three days of losses, as optimism over a potential Federal Reserve interest-rate cut lifted ...
USD/CNY dipped on Friday as yuan strengthened as traders monitored ongoing U .S.China trade developments. China sharply ...
The dollar index (DXY00) Wednesday finished up by +0.27% and posted a 2-week high. The dollar found support Wednesday on weakness in the Chinese yuan after Reuters reported that Chinese policymakers ...
Some investors are overestimating the stockpile of Chinese money that could be converted back into yuan, as firms may not yet be ready to abandon dollar holdings, according to Goldman Sachs Group Inc.
To borrow from the great JRR Tolkien, the USD/CNY story in April has been much like Bilbo Baggins’s autobiography from The Hobbit – There and Back Again. Ahead of the 'reciprocal' tariff announcements ...