×

Currencies Chinese Yuan

  • markets@ LONDON, Nov 21- Emerging stocks and currencies struggled higher on Monday as the post-U.S. election rise in the dollar and U.S. yields lost some steam, though China's yuan and Turkey's lira extended losses, the former approaching 8-1/ 2 year lows. Emerging stocks, which have lost 6 percent since Trump secured the keys to the White House, rose 0.2 percent with...

  • SZ Connect delay due to capital outflow worries: Strategist

    Launching the Shenzhen Connect now could exacerbate volumes of capital outflow from China, says CMB International Securities' Daniel So.

  • TOKYO, Nov 21- The dollar held near 13 1/ 2- year highs against a currency basket in Asian trading on Monday, as investors stuck with bets that President-elect Donald Trump's administration would adopt expansionary fiscal policies that will lead to higher interest rises. Thanksgiving holiday later in the week. Tokyo markets will also be shut for a public holiday...

  • 12/12 reasonable date for SZ Connect launch: Expert

    Delays in the Shenzhen Connect launch are linked to capital flight worries on the back of a weaker yuan, says Huarong International Securities' Jackson Wong.

  • Goldman Sachs has six trades to capitalize on its forecast for faster economic growth and a stronger dollar, coupled with more uncertainty.

  • Will the Shenzhen Connect be launched before Christmas?

    Haitong International Securities Group's Kevin Leung talks about the Shenzhen Connect and his expectations for the weakening Chinese yuan.

  • NEW YORK, Nov 18- The dollar rose to its highest level since April 2003 against a basket of currencies on Friday, marking its biggest two-week increase since March 2015 as traders piled bets on a massive dose of fiscal stimulus under a Trump U.S. presidency. The greenback has climbed 7.3 percent against the yen in two weeks, its steepest such gain since January 1988...

  • 100 dollar bills

    The dollar rose on Friday as traders piled bets on a massive dose of fiscal stimulus under a Trump U.S. presidency.

  • NEW YORK, Nov 18- The dollar rose to its highest level since April 2003 against a basket of currencies on Friday and was on track for its largest two-week increase since March 2015, as traders piled bets on a massive dose of fiscal stimulus under a Trump U.S. presidency. The greenback has climbed about 7 percent against the yen in two weeks, which would be its steepest...

  • *Best two weeks for USD since March 2015. NEW YORK, Nov 18- The U.S. dollar climbed on Friday to its highest level since 2003 on continued bets on faster inflation and higher interest rates, while Treasuries resumed a selloff that left benchmark yields on track to post their steepest two-week increase in 13 years. President-elect Donald Trump will lift consumer...

  • LONDON, Nov 18- The dollar powered to its highest levels since 2003 against a basket of currencies on Friday, with Donald Trump's victory in the U.S. presidential election helping to give the greenback its best fortnight against the yen in almost 30 years. Also underpinning the dollar was a speech by Federal Reserve Chair Janet Yellen, who on Thursday provided a...

  • The dollar fell back on Thursday, hit by speculation U.S. Fed chief Janet Yellen will express concern over recent highs.

  • The dollar climbed Wednesday, even as analysts cautioned the it's vulnerable to a letdown.

  • *Japan's 10- year bond yield highest since Feb. LONDON, Nov 16- Investors resumed the post-U.S. election trade of selling bonds and buying stocks on Wednesday after a pause earlier this week, albeit less aggressively, with Japan's 10- year bond yield hitting its highest since February. The dollar was in demand again too, rising to a one year-high against a basket of...

  • *Japan's 10- year bond yield highest since Feb. LONDON, Nov 16- Investors resumed the post-U.S. election trade of selling bonds and buying stocks on Wednesday after a pause earlier this week, albeit less aggressively, with Japan's 10- year bond yield hitting its highest since February. The dollar was in demand again too, rising to a one year-high against a basket of...

  • BEIJING, Nov 16- China's commercial banks sold a net $14.6 billion of foreign exchange in October, down from September's $28.4 billion as capital outflows eased, the foreign exchange regulator said on Wednesday. Earlier data showed China's central bank sold a net $39.2 billion worth of foreign exchange in October, easing from an eight-month high hit in...

  • HONG KONG/ SINGAPORE, Nov 16- Malaysia's central bank is asking foreign banks to make a written commitment to refrain from trading the ringgit in the offshore non-deliverable forwards market in its latest move to protect a weakening currency, banking sources said. It sounds like a desperate intervention, "said Nordea Markets' chief analyst Amy Yuan Zhuang in...

  • NEW YORK, Nov 15- The dollar rose on Tuesday to an 11- month high against a basket of currencies as a surprisingly large gain in October U.S. retail sales lifted bond yields to 10- month peaks and supported the outlook for an interest rate increase next month. "It's more a pause day, perhaps marking a period of consolidation for bonds and the dollar," said Omer Eisner,...

  • The dollar held near an 11-month high Tuesday as some stability returned to the U.S. bond market following a vicious sell-off.

  • TORONTO, Nov 15- Bank of Montreal said on Tuesday it had been named the first and only Canadian bank approved by the People's Bank of China to quote the Canadian dollar against the yuan as a market maker in the China Foreign Exchange Trade System. "The launch of direct trading between CAD and CNY promotes the use of Chinese and Canadian currencies in cross border...