The euro fell to fresh 11-year lows against the dollar after the ECB said on Thursday it would pump a trillion euros into the euro zone economy.» Read More
The yen rebounded against the dollar after the Bank of Japan stood pat on monetary policy.
The dollar hit a one-week high against the yen after China growth data was not as bad as many had feared, curbing demand for the safe-haven Japanese currency.
China share markets have stabilized nicely after Monday's plunge, but it's not time to bargain hunt yet, analysts said.
The European Central Bank could take its boldest steps yet to revive the euro zone's moribund economy.
SHANGHAI, Jan 19- China's yuan weakened to a two-and-half-week low on Monday, after the central bank set a weaker midpoint and on position squaring following a surge in the Swiss franc last week. The People's Bank of China set the midpoint rate at 6.123 per dollar prior to market open, weaker than the previous fix of 6.1188. The spot market closed at 6.2203, 137 pips...
Dennis Gartman, along with Deutsche Bank's David Bianco, talk about who is hurt by the Swiss central bank's move.
Fallout from the Swiss National Bank continues to haunt the euro, bringing the currency down to new lows.
HONG KONG, Jan 16- China's yuan snapped a five-day gaining streak against the dollar and posted its biggest intraday daily loss in more than a month on Friday, as investors squared positions to cope with their losses in Swiss Franc market following a shock move by the Swiss cental bank. The Swiss National Bank shocked financial markets on Thursday by scrapping a...
The PBOC will increase its relending quota by $8.1 billion this year, stepping up efforts to spur loans to the agriculture and small business segments.
Switzerland's franc soared by almost 30 percent in value against the euro after the Swiss National Bank abandoned its three-year old cap.
Switzerland's franc soared by almost 30 percent after the Swiss National Bank abandoned its cap against the euro.
The dollar fell against the yen following after newly released data showed retail sales fell 0.9 percent, its biggest drop since January 2014.
Offshore trading in the yuan, whose convertibility is still tightly controlled by Beijing, soared some 350 percent on Thomson Reuters trading platforms in 2014.. The system of controls kept in place by Beijing, including separate markets offshore and onshore, continues to limit action, but bankers in London say the currency is steadily moving to the front of...
Sterling fell towards an 18-month low against the dollar, after data showed British inflation at its lowest since 2000.
The yen hit a one-month high against the dollar on Tuesday, buoyed by steady demand for safe-haven assets against a backdrop of plunging oil prices.
Sterling recovered some ground on Friday, pushing back above $1.51 as the dollar retreated broadly.
BEIJING, Jan 9- China's foreign exchange regulator said on Friday that it will work to fend off risks from cross-border capital flows and will push forward yuan convertibility on the capital account. The statement by the State Administration of Foreign Exchange echoed the central bank, which said on Friday that it would quicken the pace of market-oriented...
The euro extended losses into a sixth straight day to trade near a nine-year low, as investors bet the ECB was getting closer to adopting QE.
The euro hit another nine-year low against the dollar on Wednesday, after data for the euro zone revealed that prices were falling in the region.
After a more than seven-year mire, China stocks may finally be on the cusp of a long-term bull run, shrugging off an economic slowdown, analysts said.