The euro flirted with one-week lows on Wednesday following a Reuters report that the European Central Bank is considering buying corporate bonds.» Read More
The PBOC plans to inject about $32.66 billion of loans into select listed banks to keep liquidity ample and support the economy, sources told Reuters.
The U.S. dollar edged higher against a basket of major currencies on Friday after strong data on U.S. consumer sentiment calmed nerves.
The U.S. dollar recovered against a basket of major currencies on Thursday on the view that Wednesday's selloff was overdone.
*Sept new loans 857.2 bln yuan vs f'cast 730- 735 bln yuan. *Sept TSF 1.05 trln yuan vs 957.4 bln yuan in Aug. BEIJING, Oct 16- China's banks increased lending in September, supporting Beijing's efforts to guide capital into the struggling economy, but foreign investment remained weak and forex reserve data showed signs of potential capital flight.
*Sept new loans 857.2 bln yuan vs f'cast 730- 735 bln yuan. But a drop on China's foreign exchange reserves in the third quarter signalled speculative money outflows amid increased worries about the country' economic slowdown. Worries that a sudden fall-off in credit supply could further hobble China's shaky economy were reinforced in July when total social...
The U.S. dollar hit a three-week low against the euro and a more than one-month low against the yen on Wednesday.
The U.S. dollar recovered against a basket of major currencies on Tuesday after worrying economic data came out of the euro zone and United Kingdom.
The US dollar fell against a basket of major currencies on Monday on concerns that the Fed may delay its first interest rate hike.
China Premier Li's trip to Moscow is expected to net as many as 50 trade deals, as sanctions spur Russia to accelerate ties with the mainland.
The dollar firmed for a second straight session on Friday after three days of losses, bolstered by worries about the health of the global economy.
Following the Fed's warning of a strong dollar, investors are reassessing the timing and size of a rate hike, according to currency strategists.
The dollar tumbled to a three-week low against the yen on Thursday as investors continued to pare back bullish bets on the greenback.
The dollar fell to a two-week low against the euro on Wednesday after the minutes of the latest Fed meeting focused on risks to the U.S. economy.
The dollar fell to a three week-low against the yen on Tuesday, retracing most of its gains posted last week.
Treasury Secretary Jack Lew on Tuesday appeared largely unmoved by the recent appreciation in the U.S. dollar although he repeated Washington's call on China to stop holding down the value of its currency. The European Central Bank recently has stepped up actions to help the region's economy, putting downward pressure on the euro. Still, he said China's yuan...
The dollar paused for breath in early European trade after forecast-beating U.S. jobs data on Friday.
It hasn't taken sterling long to lose all the gains from the relief rally which followed Scotland's vote against independence.
The dollar climbed to a more than four-year peak on Friday after a report showing the U.S. economy created more jobs than expected last month.
New plans to clean up China's long-feared local government debt will bring near-term pain, but a longer-term fix may be in sight, analysts say.
The yen held its gains against the dollar on Thursday after weak manufacturing surveys from around the globe and an Ebola health scare in the United States.