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Currencies Chinese Yuan

  • The dollar clung to gains against the yen on Thursday after U.S. President Donald Trump's tax plan offered no fresh surprises.

  • The Australian and New Zealand dollars sank, after Australian inflation data pointed to an economy under strain from mediocre growth in China.

  • MELBOURNE, April 26- London copper held near its highest in a week on Wednesday as the U.S. dollar lost ground against the euro in the wake of the French election, making commodities more affordable for buyers paying with other currencies. *SHFE COPPER: Shanghai Futures Exchange copper climbed 0.8 percent to 46,230 yuan a tonne. *China's steel futures climbed to...

  • SHANGHAI, April 26- China's yuan slipped against the U.S. dollar on Wednesday and fell to a record low against a basket of currencies after the central bank set a weaker midpoint, but tightening liquidity was expected to limit losses. The People's Bank of China set the midpoint rate at 6.8845 per dollar prior to the market open, weaker than the previous fix of 6.8833.

  • SYDNEY, April 26- London copper held near its highest in a week on Wednesday as the U.S. dollar lost ground against the euro in the wake of the French election, making commodities more affordable for buyers paying with other currencies. *SHFE COPPER: Shanghai Futures Exchange copper climbed 1 percent to 46,350 yuan a tonne. *BHP RESULTS: BHP Billiton, cut its full-year...

  • A man walks by a euro sign light installation in Vilnius, Lithuania, on December 31, 2014.

    The euro remained high on growing confidence that market-friendly Emmanuel Macron will become the next French president.

  • Currency exchange yuan dollars

    Chinese government officials are offering assurances on currency convertibility, the SCMP reports.

  • LONDON, April 24- Emerging assets shifted up a gear on Monday as markets cheered the French election results, pushing developing stocks to a near-three week high and sending most emerging currencies surging against the dollar and euro. MSCI's emerging market index extended gains into a third day and rose 0.5 percent as bourses across Asia, Europe and Africa...

  • The euro inched higher on Friday as investors battened down the hatches for results of the first round of a tightly-fought French election.

  • The dollar inched lower against a basket of currencies, suffering from a solid euro performance before the first round of French elections.

  • LONDON, April 20- The South African rand rose on Thursday and local bond yields fell to three-week lows, helped by slowing inflation, the government's rejection of nationalisation and the tailwind of a weaker dollar. "Of the big countries, that's the one that has more risk attached to it politically, even more so than Turkey," said Daniel Moreno, an emerging markets...

  • BEIJING, April 20- Capital outflows from China eased sharply in the first quarter and cross border flows were more balanced, the foreign exchange regulator said on Thursday, in the latest official comments indicating policymakers are growing less worried about the yuan currency. Reduced pressure from outflows has helped steady the yuan this year and brought...

  • BEIJING, April 20- Capital outflows from China eased sharply in the first quarter and cross border flows were more balanced, the foreign exchange regulator said on Thursday, in the latest official comments indicating policymakers are growing less worried about the yuan currency. Reduced pressure from outflows has helped steady the yuan this year and brought...

  • BEIJING, April 20- Capital outflows from China eased significantly in the first quarter, with cross border capital flows becoming more balanced, the foreign exchange regulator said on Thursday. Less pressure from outflows has helped steady the yuan currency this year and brought China's foreign currency reserves back over the closely watched $3 trillion...

  • BEIJING, April 20- Capital outflows from China eased significantly in the first quarter, with cross border capital flows becoming more balanced, the foreign exchange regulator said on Thursday. Less pressure from outflows has helped steady the yuan currency this year and brought China's foreign currency reserves back over the closely watched $3 trillion...

  • China's foreign exchange regulator has said that pressure on capital outflows has eased.

  • BEIJING, April 20- Pressure on capital outflows from China eased significantly in the first quarter, a spokeswoman for the country's foreign exchange regulator said on Thursday. Expectations for yuan depreciation have weakened significantly so far this year, State Administration of Foreign Exchange spokeswoman Wang Chunying told a news conference.

  • The dollar crept higher on Wednesday, a day after dropping to a three-week low against a basket of major currencies.

  • Following China's currency moves

    Peter Alexander, Z-Ben Advisors says China's currency is sentiment driven and has become a crowded hedge fund trade.

  • SHANGHAI, April 19- China's central bank has relaxed some of the curbs on cross-border capital outflows it put in place just months ago to shore up the yuan currency, banking sources said on Wednesday. The first easing of the measures comes as China's leaders and financial markets feel more confident that pressure on the yuan and the country's foreign exchange...