Chinese Yuan


  • Why are money rates up despite China's rate cut  Tuesday, 3 Mar 2015 | 8:13 PM ET

    Hayden Briscoe, director of Asia Pacific Fixed Income at AB, says the rise in funding rates following a rate cut over the weekend could mean that China's policy transition mechanism is broken.

  • USD pulls back from 11-YR peak; ECB, jobs data eyed Tuesday, 3 Mar 2015 | 4:13 PM ET

    The dollar softened on Tuesday after touching an 11-year high against major currencies.

  • BEIJING, March 3- The yuan's exchange rate will remain stable in the long run, and two-way trade will be maintained in the currency market, the head of foreign exchange strategy at China's central bank said on Tuesday, sounding a reassuring note in the face of a recent slide in the yuan's value due to increasing outflows from the world's second-largest economy.

  • Dollar nudges 11-year high as euro gives up gains Monday, 2 Mar 2015 | 3:27 PM ET

    The dollar edged up with the greenback touching an 11-year peak despite soft economic data.

  • LONDON, March 2- The euro gained a third of a percent against the dollar on the back of marginally better economic numbers on Monday, showing some resilience ahead of the launch of outright money-printing by the European Central Bank. The Australian dollar was the biggest loser, down almost one percent against the euro, on speculation that China's weekend cut in...

  • Dealers and analysts in London, where 60 percent of the world's currency trade is done, said the main theme of the next week would be how markets will deal with the launch of outright money-printing by the European Central Bank. It was down just under 0.1 percent against the dollar in early European deals, having sunk to a 5- week low after the People's Bank of China...

  • *Dollar hits 2- year high vs yuan after China rate cut. TOKYO/ SYDNEY, March 2- The dollar hit an 11- year high against a basket of major currencies on Monday, with the greenback gaining a broad lift after an interest rate cut in China dented the Chinese yuan and emerging Asian currencies. After rallying to $0.7850 earlier on Monday, the Aussie dollar reversed course...

  • *MSCI's Asia-Pacific stock index up 0.1 pct after China rate cut. *Australian shares hit 7- year high after China eases. *But overall impact from China cut limited, AUD hands back gains.

  • Dollar flat, set to extend monthly winning streak Friday, 27 Feb 2015 | 3:43 PM ET

    The dollar index ended stayed on track for a record eighth month of gains on improving data and comments from Fed officials.

  • HONG KONG, Feb 27- China's yuan fell to its lowest level against the dollar in more than two years on Friday, raising questions about whether the world's second-largest economy will devalue its currency to avert a sharper economic slowdown. With fears of a global currency war rising, all eyes in Asia are focused on what China will do as it grapples with inflation...

  • Dollar reaches 1-month high on data, Fed remarks Thursday, 26 Feb 2015 | 4:01 PM ET
    Janet Yellen

    The dollar rose to a one-month high as data on U.S. inflation and business orders and Fed officials' remarks.

  • Hong Kong seeks to rival Singapore as corporate FX hub Thursday, 26 Feb 2015 | 4:56 AM ET

    HONG KONG, Feb 26- In a bid to rival Singapore, Hong Kong is introducing sweeping tax measures aimed at making it a more attractive centre in Asia for global corporations to trade foreign exchange. To counter that, Hong Kong will table a bill to remove hurdles that deter companies from locating their treasury functions in Hong Kong, Financial Secretary John Tsang...

  • U.S. lawmakers battle over currency in trade deals Wednesday, 25 Feb 2015 | 7:04 PM ET

    A bipartisan bill introduced this month and proposals from other lawmakers seek to stop trading partners such as China and Japan from manipulating exchange rates to make their goods cheaper for overseas buyers. It encompasses 12 Pacific Rim trading partners including Japan, whose stimulus program has helped lop off a third of the yen's value since late...

  • Dollar weakens as Yellen indicates no rush on rates Wednesday, 25 Feb 2015 | 3:22 PM ET

    The dollar edged down after Fed Chair Janet Yellen held back from giving a clear view on when the Fed may begin raising interest rates.

  • Sterling steadies after hitting 8-week high Wednesday, 25 Feb 2015 | 1:00 PM ET

    LONDON, Feb 25- Sterling steadied after hitting an eight-week high against the dollar on Wednesday, buoyed by optimism over the UK's economic performance compared with its peers in Europe, which has helped drive British shares to record levels. The gains also seem broadly the product of a steadying of expectations for the Bank of England to deliver an interest...

  • Sterling tops $1.55 to hit 8-week high Wednesday, 25 Feb 2015 | 4:07 AM ET

    LONDON, Feb 25- Sterling touched an eight-week high against the dollar on Wednesday, buoyed by optimism over the UK's economic performance compared to its peers in Europe, which has helped drive British shares to record levels. In the past month it has also bounced 3 percent higher against China's yuan and dealers say sterling is benefiting broadly from the...

  • Dollar slips as Yellen shows no rush to raise rates Wednesday, 25 Feb 2015 | 12:11 AM ET

    The dollar edged down against the yen Janet Yellen suggested the Fed won't be rushed into kicking off the U.S. interest rate tightening cycle.

  • Swiss franc falls towards 5-week lows, Greek deal Monday, 23 Feb 2015 | 7:30 AM ET
    Spanish Finance Minister Luis de Guindos, left, talks with Greek Finance Minister Yanis Varoufakis at a euro zone finance ministers meeting to discuss Athens' plans to reverse austerity measures, in Brussels, Feb. 20, 2015.

    The Swiss franc shed over 1 percent against the dollar, dropping towards five-week lows as some of the Greece-related safety flows waned.

  • Shorts coming for Shanghai-Hong Kong stock connect Sunday, 22 Feb 2015 | 12:10 AM ET
    A man using a mobile device stands in front of a screen displaying signage for the Shanghai-Hong Kong Stock Connect during its launch ceremony at the Hong Kong Stock Exchange in Hong Kong on Monday, Nov. 17, 2014.

    The Shanghai-Hong Kong stock connect's lukewarm reception may heat up, with the Hong Kong market saying it plans to allow short-selling from March 2.

  • Euro gains on reports a Greek deal reached Friday, 20 Feb 2015 | 4:06 PM ET

    The euro jumped against the dollar in midday trading on reports that a deal had been reached between Greece and the European Central Bank.