The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report uptick.» Read More
Signs that China's reforms may be paying off have sprung up in Hangzhou, where a booming tech and software sector has fired up the local economy.
CEDAR FALLS, IOWA, May 19- Democratic U.S. presidential contender Hillary Clinton clashed with the White House on Tuesday saying she wants any trade legislation to address concerns over "currency manipulation," dealing a damaging blow to one of President Barack Obama's key policies for his second term. Soon after Clinton spoke on the campaign trail in Iowa,...
The dollar made broad-based gains, recovering some ground after several weeks of selling that brought the greenback to more attractive levels.
The dollar clawed its way higher, recovering from almost four-month lows reached late last week on another surprisingly bad round of U.S. data.
The recently interrupted bull-run in the dollar has weighed heavily on company dividends, with global pay-outs slumping.
The dollar fell to a 3-month low against the euro as disappointing data on factory activity and consumer sentiment spurred doubts about recovery.
The U.S. dollar traded lower against a currency basket after downward producer price data challenged hopes for better U.S. economic growth.
Venezuela’s black market exchange rate weakened below a key level on Thursday, as the bolivar’s decline steepened in the face of hyperinflation and a rapidly shrinking economy.
Michael Kelly, managing director and global head of Asset Allocation at PineBridge Investments, says recent policy moves are linked to local government debt and Beijing's aim for the yuan to become a reserve currency.
China's economic growth looks set to miss the government's targets, but the mainland's markets still offer good value, Pimco said in a note.
The U.S. dollar hit a more than three-month low against a basket of major currencies on Wednesday after weaker-than-expected U.S. retail sales data.
Fund managers invested in U.S. markets are still expecting the dollar to return to strength, with euro dollar parity still very much on the cards.
The dollar rose against the euro on renewed worries over a Greek exit from the eurozone, while the New Zealand dollar plunged against the greenback.
While there's a risk that the yuan could be weakened to support the economy, China still prefers interest rate and RRR cuts for now, says Sean Callow, senior currency strategist at Westpac Bank.
The dollar gained against the euro as a mixed U.S. jobs report stoked uncertainty over the health of the U.S. economy.
Paul Mackel, head of Asia Currency Research at HSBC, says further cuts in the reserve requirement ratio and interest rates are likely in the piepline, but China will draw the line at quantitative easing.
China's exports and imports tumbled in April, dashing hopes of a seasonal rebound and underscoring concerns over the spotty trade picture in the world's second biggest economy.
The dollar recovered against the euro after German bund yields retreated from their highs for the year.
The euro hit a ten-week peak, tracking European bond yields higher and benefiting from a sell-off in the dollar after weak U.S. jobs data
Eswar Prasad, senior professor of Trade Policy at Cornell University, says recent economic indicators make it much harder to sustain the case that the renminbi is significantly undervalued.