GO
Loading...

Chinese Yuan

More

  • US Treasury's Lew to press China on yuan: officials Friday, 27 Mar 2015 | 11:34 PM ET

    U.S. Treasury Secretary Jack Lew will press Chinese officials next week to adopt a more market-determined exchange rate policy, Treasury officials said on Friday.

  • China's yuan was devalued sharply in the 1990 s and for years China intervened heavily in exchange markets to keep it weak, raising complaints from U.S. manufacturers. Since 2005, China has let its currency appreciate by about 25 percent, and the Treasury officials repeated statements made in February that China recently appeared to be intervening a lot less.

  • Dollar ends week lower after Yellen comments Friday, 27 Mar 2015 | 5:23 PM ET

    The U.S. dollar edged lower against a basket of major currencies on Friday after comments from Federal Reserve Chair Janet Yellen.

  • Treasury Secretary Jack Lew will next week press Chinese officials to adopt a more market-determined exchange rate policy, and the Obama administration thinks further yuan appreciation would help the global economy, Treasury officials said on Friday.

  • Dollar rallies, traders revisit bullish bets Thursday, 26 Mar 2015 | 4:48 PM ET

    The dollar was on track for its biggest one-day gain against the euro in a week on Thursday after traders reestablished bullish bets on the greenback.

  • China quietly drops limit on foreign fund investments Thursday, 26 Mar 2015 | 8:55 AM ET

    SHANGHAI, March 26- China's foreign exchange regulator granted a foreign fund management company a quota of more than $1 billion on inbound portfolio investment for the first time on Thursday, in a move toward increasing international use of the yuan currency. Hitherto, only foreign central banks, monetary authorities and sovereign wealth funds had been...

  • HONG KONG, March 26- China sent a strong message to the International Monetary Fund this week urging that the yuan be included in its special drawing rights basket, with top officials promising further reforms and striving for full convertibility this year. The yuan's possible inclusion in the basket, an international reserve asset, will greatly enhance...

  • Dollar slips further after weak US durable goods data Wednesday, 25 Mar 2015 | 4:18 PM ET

    The dollar fell against a basket of major currencies after weaker-than-expected U.S. data combined with a robust survey of German business morale.

  • TORONTO, March 23- Canada's export agency signed a deal with China's biggest bank on Monday to promote the use of the yuan as a settlement currency in trade-related transactions, as officials in Toronto launched the first yuan trading hub in the Americas. The trading hub and clearing center launched on Monday in Toronto. Nonetheless, Canada's Finance Minister...

  • The dollar fell for a second straight session against a basket of major currencies after traders unwound bullish dollar positions.

  • OTTAWA, March 23- Canada's export agency signed a deal with China's biggest bank on Monday to promote the use of the yuan as a settlement currency in trade-related transactions, as officials in Toronto prepared to launch the first yuan trading hub in the Americas. The Canadian Chamber of Commerce estimated in November that the trading hub could boost Canadian...

  • Dollar falters as Fed's interest rate view weighs Friday, 20 Mar 2015 | 4:38 PM ET

    The dollar stumbled on Friday, capping its worst weekly performance against the euro in more than two years.

  • Five themes Asia investors need to know Thursday, 19 Mar 2015 | 8:50 PM ET
    An Indonesian man looks at a running display showing share prices at the stocks exchange building in Jakarta.

    Volatility has become a market hallmark this year and investors across Asia are grappling with a slew of issues. Here are the top five themes.

  • Dollar recovers from Fed-inspired losses Thursday, 19 Mar 2015 | 5:07 PM ET
    U.S. Currency

    Rebounding from steep losses in the previous session on a cautious Fed statement on interest rates, the dollar rose broadly.

  • *Treasury yields down sharply, Australia, Germany at record low. The shift in rate expectations had hit the dollar hard at first, though it had repaired almost all of the damage as trading gathered momentum in Europe. The euro found itself as high as $1.10625 in turbulent trade late on Wednesday, but was back down at $1.0683 as markets also began to focus on what are...

  • Dollar licks its wounds after Fed gores bulls Wednesday, 18 Mar 2015 | 11:22 PM ET
    US Currency

    The dollar nursed hefty losses, having suffered its biggest one-day fall against the euro in six years after the Federal Reserve struck a dovish tone.

  • Will China’s slowdown derail reforms? Wednesday, 18 Mar 2015 | 6:45 PM ET
    A child holds a Chinese national flag at Tiananmen Square in Beijing, China.

    China's economic slowdown has pushed policy makers toward stimulus measures, spurring concerns over whether long-sought reforms may falter.

  • However, South Africa's rand, Turkey's lira and the Brazilian real all eased against the greenback ahead of the Fed's policy statement, widely anticipated to lay the ground for the first U.S. interest rate hike in nearly a decade later in the year. In Moscow, both dollar and rouble-denominated shares gained ground while in Israel shares rose 0.6 percent after...

  • 'Dr. Doom' eyes European real estate & China   Wednesday, 18 Mar 2015 | 6:19 AM ET
    'Dr. Doom' eyes European real estate & China

    Marc Faber, Gloom, Boom & Doom Report, says he is watching Japanese interest rates, real estate in Europe, emerging markets and Chinese stocks.

  • Dollar slides on weak data; investors await Fed Tuesday, 17 Mar 2015 | 3:22 PM ET
    A man walks by a euro sign light installation in Vilnius, Lithuania, on Dec. 31, 2014.

    The dollar fell for a second straight day against major currencies, pressured by weak US economic data as the Fed started a two-day policy meeting.