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Currencies Chinese Yuan

  • LONDON, Feb 8- Dollar strength and European political risks kept emerging markets under pressure on Wednesday, with equities slipping for a second straight day and China's yuan touching a three-week low. Investors have fled in recent days to safety of dollar and yen, spooked by France's presidential election campaign where far-right National Front Leader...

  • Japanese Prime Minister Shinzo Abe

    President Trump is likely to take an aggressive approach to the yen when he meets Japanese Prime Minister Shinzo Abe.

  • LONDON, Feb 8- The euro fell another third of a percent against the dollar on Wednesday, as concerns around a resurgence in political risk to the single currency project drove its worst run of daily losses in almost two months. Over the last two days, however, that has all played second fiddle to France's presidential election race and question marks over further...

  • President Donald Trump and a looming election in France sapped investors' confidence. European shares were expected to open mixed, with spread-betters looking to a 0.3 percent fall in Britain's FTSE, an almost flat opening in Germany's DAX and 0.1 percent rise in France's CAC. "The markets are now paying attention to political risks in Europe and the United...

  • PBOC Yuan

    Halting the depreciation process of the yuan would stop the dollar buying onshore, says ING Financial Markets' Tim Condon.

  • MSCI's broadest index of Asia-Pacific shares outside Japan ticked down 0.3 percent, slipping further from Monday's four-month high, led by 0.9 percent fall in South Korean shares. Japan's Nikkei slipped 0.2 percent. "The markets are now paying attention to political risks in Europe and the United States, after a rally earlier this week following the strong U.S....

  • FX Yuan USD

    The yuan will stabilize and gradually weaken this year but not above the 7 handle against the dollar, says Jesper Bargmann from Nordea Markets.

  • A clerk counts stacks of Chinese yuan at a bank in Beijing, China.

    Beijing obviously needs to do more to step the tide of capital outflows, says Steve Brice from Standard Chartered Private Bank.

  • The dollar climbed to a more than one-week high on Tuesday as it gained for a fifth straight session.

  • Chinese foreign-currency reserves fall below $3T

    Anthony Chan, Chase, and Omar Aguilar, Charles Schwab, weigh in on China's foreign exchange reserves dropping below the $3T level.

  • *U.S. stocks rise on earnings, strong dollar pressures GM. NEW YORK, Feb 7- European shares rose and U.S stocks hit record highs on Tuesday, helped by corporate results, while uncertainty about French elections pushed the euro to its biggest loss in about three weeks. The dollar gained 4.4 percent against the currencies of the United States' main trading partners...

  • China's foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years.

  • *Markets unsure how much longer China can both support yuan and expend reserves. BEIJING, Feb 7- China's foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years, though tighter regulatory controls appeared to making some progress in slowing capital outflows.

  • *Chinese FX reserves hit 6- year low below $3 trln. LONDON, Feb 7- The increasingly unpredictable French presidential election race unnerved European financial markets on Tuesday, tipping the euro towards its biggest fall this year and driving investors away from French government bonds. The dollar recovered from earlier losses to register its biggest gain...

  • *Markets unsure how much longer China can both support yuan and expend reserves. BEIJING, Feb 7- China's foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years, though tighter regulatory controls appeared to making some progress in slowing capital outflows.

  • *Markets unsure how much longer China can support yuan. BEIJING, Feb 7- China's foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years, though tighter regulatory curbs appeared to making some progress in slowing capital outflows. While the $3 trillion mark is not seen as a firm "...

  • LONDON, Feb 7- European financial markets struggled with growing economic and political concerns on Tuesday as the euro neared its biggest fall this year and bond yield spreads over Germany reaching the widest in several years. The dollar sped higher toward its biggest gain in a month against a basket of major currencies after jumping against the offshore...

  • BEIJING, Feb 7- China's foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years, even as authorities tried to curb outflows by tightening capital controls. While the $3 trillion mark is not seen as a firm "line in the sand" for Beijing, concerns are swirling in global financial...

  • BENGALURU, Feb 7- China's currency is expected to fall to a near decade-low in the year ahead, according to a Reuters poll of FX strategists, as authorities struggle to stem capital outflows and despite the central bank's surprise short-term interest rate hikes. President Donald Trump's accusations that Beijing has devalued its currency to gain a trade...

  • More yuan weakness ahead: Strategist

    Wayne Gordon, commodities and forex strategist at UBS, talks about capital control in China and where he thinks the yuan is headed.