Currencies Chinese Yuan

  • Yuan uptrend is 'uninterruptible': Guppy

    Daryl Guppy, Guppytraders.com, looks at the charts for the Chinese yuan and the dollar index.

  • WASHINGTON, Jan 19- The U.S. Treasury would recommend China be considered a currency manipulator if Beijing began unfairly managing the yuan's value, President-elect Donald Trump's nominee to run the Treasury department, Steven Mnuchin, said on Thursday. Asked in a U.S. Senate hearing if he would recommend Trump formally designate China a currency...

  • The dollar climbed on Thursday as solid U.S. data reinforced a theme of robust U.S. economic growth.

  • LONDON, Jan 19- Emerging market stocks fell on Thursday and currencies struggled to make much headway after U.S. Federal Reserve chair Janet Yellen said interest rates should rise steadily, boosting the dollar. "Essentially the big part is how much they will actually hike this year- instead of two it could be three now," said Simon Quijano-Evans, emerging markets...

  • BEIJING, Jan 19- China's foreign exchange regulator said on Thursday the country's forex reserves were ample and it has plans to deal with cross-border capital flows, even as bank forex sales in December climbed to their highest in nearly a year. "In the future, we believe China's foreign exchange reserves have conditions to fluctuate up or down within a...

  • China issued regulatory rules on outbound investments by centrally controlled state firms to stabilize the faltering yuan.

  • 100 dollar bills

    Investors eyed an upcoming speech by the head of the Federal Reserve and U.S. inflation data for clues on the path of interest rates.

  • LONDON, Jan 18- The dollar rebounded on Wednesday after falling for five days in a row against its currency basket, as investors awaited a speech by the head of the Federal Reserve later in the day and looked to U.S. inflation data for clues on the path of interest rates. The dollar, which hit a seven-week low of 112.57 yen in early trade in Asia, climbed 0.8 percent to...

  • LONDON, Jan 18- The dollar rebounded on Wednesday after falling for five days in a row against its currency basket, as investors awaited a speech by the head of the Federal Reserve later in the day and looked to U.S. inflation data for clues on the path of interest rates. The dollar, which hit a seven-week low of 112.57 yen in early trade in Asia, climbed 0.8 percent to...

  • LONDON, Jan 18- The dollar rebounded on Wednesday after falling for five days in a row against its currency basket, as investors awaited a speech by the head of the Federal Reserve later in the day and looked to U.S. inflation data for clues on the path of interest rates. The dollar, which hit a seven-week low of 112.57 yen in early trade in Asia, climbed 0.8 percent to...

  • LONDON, Jan 18- The dollar rebounded on Wednesday after falling for five days in a row against its currency basket, as investors awaited a speech by the head of the Federal Reserve later in the day and looked to U.S. inflation data for clues on the path of interest rates. The dollar, which hit a seven-week low of 112.57 yen in early trade in Asia, climbed 0.8 percent to...

  • LONDON, Jan 18- Emerging stocks rose for a second day on Wednesday but currencies struggled to build on their gains in the wake of recent dollar weakness with South Africa's rand and Turkey's lira coming under renewed pressure. Trump- who will be inaugurated on Friday- had threatened previously to declare China a currency manipulator after taking office.

  • LONDON, Jan 18- The dollar rebounded on Wednesday after falling for five days in a row against its currency basket, as investors eyed a speech by the head of the Federal Reserve later in the day and U.S. inflation data for clues on the path of interest rates. The dollar, which hit a seven-week low of 112.57 yen in early trade in Asia, climbed half a percent to 113.19 yen.

  • LONDON, Jan 18- The dollar rebounded on Wednesday after falling for five days in a row against its currency basket, as investors eyed a speech by the head of the Federal Reserve later in the day and U.S. inflation data for clues on the path of interest rates. The dollar, which hit a seven-week low of 112.57 yen in early trade in Asia, climbed half a percent to 113.19 yen.

  • LONDON, Jan 18- The dollar rebounded on Wednesday after falling for five days in a row against its currency basket, as investors eyed a speech by the head of the Federal Reserve later in the day and U.S. inflation data for clues on the path of interest rates. The dollar, which hit a seven-week low of 112.57 yen in early trade in Asia, climbed half a percent to 113.19 yen.

  • LONDON, Jan 18- The dollar rebounded on Wednesday after falling for five days in a row against its currency basket, as investors eyed a speech by the head of the Federal Reserve later in the day and U.S. inflation data for clues on the path of interest rates. The dollar, which hit a seven-week low of 112.57 yen in early trade in Asia, climbed half a percent to 113.19 yen.

  • SYDNEY, Jan 18- Buying on the back of a weaker dollar tipped London copper into positive territory in early on Wednesday, reversing a slide overnight on uncertainties over U.S. President-elect Donald Trump's economic program. Three-month LME copper was up 0.4 percent at $5,778 a tonne by 0700 GMT, after ending nearly 2 percent lower overnight.

  • HONG KONG, Jan 18- Asian stock markets stabilized near three-month highs on Wednesday, helped by Hong Kong and Chinese shares, as investors judged U.S. The firmness in Asia is expected to extend to Europe with stock futures in key European markets pointing to a higher start. "Trump's comments on the dollar has helped relieve downward pressure on the renminbi and on...

  • Stock markets in Hong Kong and China led the gains. "Trump's comments on the dollar has helped relieve downward pressure on the renminbi and on Chinese equities and we have seen a steady pick up in capital flows from mainland investors into Hong Kong stocks," said Alex Wong, a portfolio manager at Ample Capital with $100 million in assets under management.

  • Policymakers will have to accept that their currencies will depreciate against the dollar, Singapore’s central bank chief said on Monday.