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Currencies Chinese Yuan

  • The euro hit a six-week low against the dollar on Wednesday on concern over France's presidential election campaign.

  • As President Donald Trump pursues an "America First" agenda aimed at reversing chronic trade deficits with China, Mexico, Germany and other major trading partners, some are concerned his administration could back away from pledges to maintain an open global trading system. "I believe the Trump administration will try to leverage the IMF and the G20 to help...

  • In a phone call with Lagarde, the spokesperson said, Mnuchin also "noted the importance that the administration places on boosting economic growth and jobs in the United States, and looked forward to robust IMF economic policy advice on its member countries and tackling global imbalances." The conversation comes as officials from the Group of 20 major...

  • The dollar rose broadly on Tuesday after two Fed policymakers pointed to the potential for US interest rates to rise next month.

  • The euro recovered some ground against the dollar after talks aimed at finding a leftist unity candidate for France's election showed little sign of progress.

  • SHANGHAI, Feb 20- China tweaked its formula for setting daily reference midpoints for its yuan currency on Monday, three sources with direct knowledge of the matter said, in what was seen as authorities' latest move to help curb speculation in the currency. Global attention on China's exchange rate policy has intensified since its foreign exchange reserves...

  • The yen rose against major currencies as concerns about the upcoming French elections kindled safe-haven demand for the Japanese currency.

  • LONDON, Feb 17- Emerging market stocks took a breather on Friday, easing back after what was set to be a seventh week of gains in the last eight and also a bumper one for many of the major EM currencies. MSCI's 23- country emerging market index dipped 0.5 percent on the day but was up a solid 1.1 percent for the week following gains from Turkey to Poland, to China, India and...

  • BEIJING, Feb 17- China's central bank sold the least amount of foreign exchange in five months in January, reinforcing views that capital outflows have eased as policymakers step up scrutiny of cross-border flows and as the yuan steadies. Net foreign exchange sales by the People's Bank of China amounted to 208.8 billion yuan last month, according to Reuters...

  • *Additional FX data reinforce views China capital outflows slowed. BEIJING, Feb 17- China's central bank sold the least amount of foreign exchange in five months in January, reinforcing views that capital outflows have eased as policymakers step up scrutiny of cross-border flows and as the yuan steadies. Government efforts to prop up the yuan currency pushed...

  • BEIJING, Feb 17- China's central bank sold a net $30.42 billion worth of foreign exchange in January, the least in five months, amid signs capital flows have lessened as the yuan steadies against the dollar. Net foreign exchange sales by the People's Bank of China amounted to 208.8 billion yuan, according to Reuters calculations based on central bank data...

  • The dollar headed for a second day of losses on Thursday, falling against the euro, yen and the basket of currencies.

  • BEIJING, Feb 16- Property investment by Chinese companies plunged in January as authorities tightened restrictions on capital outflows to support the ailing yuan currency and ease pressure on the country's foreign exchange reserves. Investment by Chinese firms in offshore properties-- which has helped fuel sharp and often contentious home price rises...

  • BEIJING, Feb 16- Property investment by Chinese companies plunged in January as authorities tightened restrictions on capital outflows to support the ailing yuan currency and ease pressure on the country's foreign exchange reserves. Investment by Chinese firms in offshore properties-- which has helped fuel sharp and often contentious home price rises...

  • *China's overseas property investment slumped 84 pct. BEIJING, Feb 16- China's non-financial outbound direct investment slumped in January and its offshore property purchases plunged after authorities tightened restrictions on capital outflows to support the ailing yuan currency and ease pressure on the country's foreign exchange reserves.

  • 100 dollar bills

    The greenback was previously on track for its 11th straight day of gains.

  • The dollar rose as investors raised their outlook on a faster pace of U.S. rate increases following comments from Fed Chair Janet Yellen.

  • SHANGHAI, Feb 14- China's state planning agency said on Tuesday it had selected the first batch of 11 companies in a pilot scheme for 2017 that will allow them to issue foreign-currency bonds more flexibly, and efficiently. Last year, the National Development and Reform Commission picked 21 companies for the scheme, as the government encouraged state firms to...

  • The dollar hit a two-week high against the yen with another round of solid gains as investors focused again on the U.S. reflation trade.

  • LONDON, Feb 13- The dollar hit a two-week high against the yen with another round of solid gains on Monday as investors focused again on the U.S. reflation trade which dominated the aftermath of Donald Trump's election in November but has stalled this year. Probably investors will want to wait but it does seem that all of the cards for another bull run for the dollar...