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Currencies Chinese Yuan

  • The U.S. dollar and Euro currencies

    The dollar fell with a stronger oil price the chief theme in a market battening down the hatches ahead of Fed and BOJ meetings.

  • n employee counts 100-yuan (15 USD) banknotes at a bank in Lianyungang, in eastern China's Jiangsu province.

    Hong Kong's overnight yuan borrowing rate was fixed at the highest level in eight months on Monday after the long holiday weekend.

  • China Equities

    MCM Partners' Ryan Roberts says there are concerns in the Chinese market, including the overheated housing market, valuations and capital controls.

  • The dollar was on course to fall after U.S. retail sales data quelled lingering bets on the Fed raising interest rates next week.

  • 100 dollar bills

    The U.S. dollar reversed earlier gains against the yen on Thursday as traders doubted that the Bank of Japan (BOJ) would be able to weaken the yen.

  • The U.S. dollar eased against the yen on Wednesday after skepticism grew that the Bank of Japan would intensify its stimulative monetary policies.

  • BEIJING, Sept 14- Net foreign exchange sales by China's central bank in August were the highest in six months as the bank sought to support the yuan, official data showed on Wednesday. China' foreign exchange reserves fell by $15.89 billion in August to $3.185 trillion, the lowest since 2011, central bank data showed. The August fall in reserves came even as China...

  • Sept 14- China's yuan firmed on Wednesday as banks sold dollars amid elevated borrowing cost in the offshore yuan market in Hong Kong. Some say China's central bank pushed the borrowing rates higher to dampen yuan short-sellers, and others believe it is just due to short-term liquidity concerns. **Aug 31- China's economic fundamentals remain sound and there is no...

  • Sept 14- China's yuan firmed on Wednesday as banks sold dollars amid elevated borrowing cost in the offshore yuan market in Hong Kong. Some say China's central bank pushed the borrowing rates higher to dampen yuan short-sellers, and others believe it is just due to short-term liquidity concerns. **Aug 31- China's economic fundamentals remain sound and there is no...

  • 100 dollar bills

    The U.S. dollar gained against the yen and riskier commodity currencies such as the Australian and New Zealand dollars on Tuesday.

  • By Masayuki Kitano and Hideyuki Sano. SINGAPORE/ TOKYO, Sept 13- The dollar inched higher against the yen on Tuesday but remained below the previous day's high, having taken a hit after dovish comments from a Federal Reserve policymaker reduced bets that the Fed would raise interest rates this month. All the talk about a possible rate hike in September turned out...

  • China appetite for foreign property to persist: Expert

    Increased flexibility in the Chinese yuan is likely to further fuel Chinese investments in overseas real estate, says Oscar Chan, regional director at JLL.

  • Goldman Sachs identifies Chinese and Hong Kong themes for investors to capitalize on before the year-end.

  • This is how the HK-SZ Connect will impact trading

    The Shenzhen Connect is likely to see an increase in northbound trading, says Ken Wong, Asia equity portfolio specialist at Eastspring Investments.

  • Foreign exchange currencies.

    The dollar fell against the safe-haven yen as uncertainty surrounding a potential Fed rate hike this month fueled a selloff in riskier currencies.

  • SHANGHAI, Sept 12- China's spot yuan finished firmer on Monday as state-owned banks sold dollars, traders said, but the central bank doused market speculation it had tried to stabilise the Chinese currency. The People's Bank of China occasionally acts through state banks. Earlier in the session, a trader at a Chinese bank in Shanghai said: "The central bank is...

  • SHANGHAI, Sept 12- China's spot yuan finished firmer on Monday as state-owned banks sold dollars, traders said, but the central bank doused market speculation it had tried to stabilize the Chinese currency. The People's Bank of China occasionally acts through state banks. Earlier in the session, a trader at a Chinese bank in Shanghai said: "The central bank is...

  • SHANGHAI, Sept 12- China's yuan firmed on Monday as state-owned banks sold dollars to keep the currency stable after the Chinese central bank sharply weakened its official fixing, two traders told Reuters. The People's Bank of China set the midpoint rate at 6.6908 per dollar prior to market open, the weakest since Aug. 31, and softer than the previous fix 6.6684.

  • SHANGHAI, Sept 12- China's yuan firmed on Monday as state-owned banks sold dollars to keep the currency stable after the Chinese central bank sharply weakened its official fixing, two traders told Reuters. The People's Bank of China set the midpoint rate at 6.6908 per dollar prior to market open, the weakest since Aug. 31, and softer than the previous fix 6.6684.

  • An image of Euro banknotes being counted. The central bank policies have hit bank profitability in both regions and German banks have been vocal in criticizing Mario Draghi, ECB president, accusing him of punishing savers and undermining their business models.

    The dollar rose on Friday as remarks by Federal Reserve policymakers helped boost investor expectations of a near-term increase in U.S. interest rates.