The euro clung onto modest gains as feverish speculation of an imminent round of easing by the European Central Bank cooled.» Read More
The dollar softened on Tuesday while the euro further struggled on expectations of soft inflation data and more monetary easing.
One analyst has warned of a crowded trade in the euro currency that could spell pain for some investors if not treated with caution.
The euro fell to its lowest in nearly a year against a broadly firmer dollar on Monday after comments from the head of the European Central Bank.
The China property market's lack of mortgage securities has allowed it to skirt one of the systemic causes of the U.S. property crash, until now.
Yellen's speech cited persistent labor market slack but noted faster recovery in the sector could accelerate the timing of a Fed interest rate hike.
Central bankers gathered for a three-day meeting in Wyoming that will feature a potentially market-rattling speech by Fed Chair Janet Yellen.
The euro recovered from a 11-month low against the dollar, helped by better-than-expected German private sector growth data.
The cruise industry is seeking a bigger slice of the growing Chinese tourist pie, with Beijing putting its heft behind expansion efforts.
OCBC's planned rights issue to finance its pricey Wing Hang Bank acquisition has reassured the market, but now it must overcome skepticism.
U.S. housing starts surged past expectations in July, snapping two straight months of declines.
The US dollar rose against a basket of major currencies on Monday on reduced concerns over Russia and Ukraine and positive US housing data.
*Spot rate and c.bank guidance rate rarely trade together. SHANGHAI/ HONG KONG, Aug 18- China's central bank and currency traders have found rare consensus on the yuan's value after months of widely divergent pricing, but analysts are divided about whether the current accord signifies a genuine relaxation of control by Beijing.
The dollar failed to get a safe-haven boost despite news that the Ukraine-Russia conflict had entered a potentially dangerous phase.
China's recent anti-monopoly law enforcement may be less about targeting foreign companies than combating another potential threat: income inequality.
A robust U.S. 30-year bond auction supported Treasuries prices in general and weighed on yields, which has underpinned the greenback, analysts said.
The British pound also falls on inflation, wages data, and the yen is subdued after Japan's Q2 GDP contraction.
The euro fell towards 9-month lows against the dollar on Tuesday, as investors positioned for a weak German sentiment survey.
The Norwegian crown hit a seven-week high against the euro after Norway reported consumer inflation unexpectedly jumped in July.
Kelvin Lau, Senior Economist, Asia at Standard Chartered Bank, expects the Chinese yuan to appreciate against the greenback in the months ahead.
Patrick Bennett, FX Strategist at CIBC, expects a recovery in China's economy and trade data to fuel further appreciation in the renminbi.