The yen and the euro rose on concerns about China, as investors unwound bets against the two currencies used to fund holding riskier assets.» Read More
LONDON, March 11- The Turkish lira rose off record lows on Wednesday, helped by better-than-expected current account data though the dollar's strength continued to exert heavy pressure on currencies across emerging markets. The sell-off that took emerging currencies to multi-year or even record lows has forced many central banks to act, with Singapore...
China's sweeping anti-graft push won't end anytime soon, as President Xi aims to restore party legitimacy, former Australian Prime Minister Rudd said.
The euro hit a 12-year low against the dollar after falling below $1.07 as the ECB continued its QE program.
The euro sank below $1.08 for the first time in almost 12 years, as the latest round of dollar gains brought into focus a run towards parity.
WASHINGTON, March 9- Washington on Monday called on China to more swiftly adopt policy changes that would allow market forces to determine the value of its currency. The comments come after Sheets acknowledged last month that China had apparently stopped intervening in exchange markets to weaken its yuan currency since July. Asked after the speech if China's...
Stephen Roach, Yale School of Management, discusses the euro's downward march, consumer sentiment, and China's currency policy.
CNBC's Dominic Chu checks out the stocks impacted by big currency moves, as the euro nears its lowest level against the U.S. dollar in more than a decade.
Some foreign banks are tightening lending criteria for China's state-owned enterprises, even for borrowers previously seen as safe as government debt.
China's officials are turning to Japan for economic history lessons, determined to avoid the long recession and deflation that blighted its neighbor.
China's February exports surged 48.3 percent on year, sharply above forecasts, potentially signaling stronger economic growth for its trade partners.
The dollar jumped to an 11-1/2 year high as U.S. employment growth bolstered market sentiment that the Fed was closer to raising interest rates.
The euro fell on Thursday below $1.10 for the first time since 2003 and the U.S. dollar added to gains.
The dollar reached highs on Wednesday on solid U.S. jobs and business data, as the euro sank below $1.11 to an 11-1/2 year low.
Hayden Briscoe, director of Asia Pacific Fixed Income at AB, says the rise in funding rates following a rate cut over the weekend could mean that China's policy transition mechanism is broken.
The dollar softened on Tuesday after touching an 11-year high against major currencies.
The dollar edged up with the greenback touching an 11-year peak despite soft economic data.
The dollar index ended stayed on track for a record eighth month of gains on improving data and comments from Fed officials.
The dollar rose to a one-month high as data on U.S. inflation and business orders and Fed officials' remarks.
The dollar edged down after Fed Chair Janet Yellen held back from giving a clear view on when the Fed may begin raising interest rates.
The dollar edged down against the yen Janet Yellen suggested the Fed won't be rushed into kicking off the U.S. interest rate tightening cycle.