GO
Loading...

Chinese Yuan

More

  • HONG KONG, Jan 29- China's efforts to raise the global status of its currency are paying dividends, with the yuan breaking into the top five world payment currencies for the first time and offshore trading volumes catching up with those onshore. "Daily trading volume in CNH spot, forward and swap markets have already reached $30 billion, among which $10 billion is...

  • Yuan eases, remains near weaker edge of trading band Wednesday, 28 Jan 2015 | 11:40 PM ET

    SHANGHAI, Jan 29- China's yuan eased on Thursday following a weaker midpoint, hovering a few points away from the weaker edge of the daily trading limit on expectations of further weakness. The Chinese currency has been steadily softening along with emerging market peers due to a resurgent dollar, as the outlook for the U.S. economy continues to bolster the case...

  • Dollar climbs, but caution reigns before Fed statement Wednesday, 28 Jan 2015 | 6:07 AM ET

    The dollar rose against a basket of currencies on Wednesday, recouping some of the previous day's sharp losses.

  • China's yuan joins top 5 most-used global currencies Tuesday, 27 Jan 2015 | 10:18 PM ET

    BEIJING— China's yuan has become of the five most widely used currencies in global payments, an international financial transactions agency announced Wednesday. Beijing is gradually easing controls on the yuan and encouraging its use abroad in an effort to reduce costs for its traders and increase Chinese companies' role in the global economy.

  • HONG KONG, Jan 28- China's yuan broke into the top five as a world payment currency in November, overtaking the Canadian dollar and the Australian dollar, global transaction services organisation SWIFT said on Wednesday. The rise of various offshore yuan clearing centres around the world, including eight new agreements signed with the People's Bank of China...

  • Swiss franc sees wild ride on central bank talk Tuesday, 27 Jan 2015 | 7:22 AM ET
    A man holds a 100 Swiss franc bank note in front of an ATM in Bern.

    The Swiss franc continued to show volatility as the country's central bank signaled that it had not given up intervening in currency markets.

  • Euro rises against dollar; eyes on Fed Tuesday, 27 Jan 2015 | 5:20 AM ET
    A cashier counts euro banknotes in Vilnius, Lithuania, on Jan. 1, 2015.

    The euro rose against the dollar before a meeting of the U.S. Federal Reserve that may push back expectations for an interest rate rise.

  • Euro steadies despite Greek worries Monday, 26 Jan 2015 | 6:46 AM ET

    The euro regained a foothold in early deals in London, investors choosing to take some profit on two days of steep losses.

  • Ruble hit as Obama slams Russia 'bullying' Monday, 26 Jan 2015 | 5:22 AM ET
    President Barack Obama delivers remarks on December 11, 2014 in Washington.

    The price of the Russian ruble fell sharply against the U.S. dollar Monday after fighting increased in the eastern part of Ukraine.

  • *Shanghai copper hits downside limit, at lowest since July 2009. SINGAPORE, Jan 26- London copper tumbled as much as 3 percent on Monday to its lowest level since 2009 as a stronger dollar fueled an aggressive sell-off that dragged down prices in Shanghai by 5 percent. A slide in the euro to 11- year lows against the dollar after Greece's Syriza party promised to roll...

  • Shanghai copper falls 4 pct to lowest since July 2009. SINGAPORE, Jan 26- London copper fell almost 2 percent to its weakest level in nearly two weeks on Monday, pressured by a stronger dollar as the euro stumbled after Greece's Syriza party, set to win a snap election, promised to roll back austerity measures. It touched a session low of $5,415, its weakest since Jan. 14...

  • Euro hits fresh 11-year lows following ECB move Friday, 23 Jan 2015 | 1:51 PM ET
    A cashier counts euro banknotes in Vilnius, Lithuania, on Jan. 1, 2015.

    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.

  • Euro falls to fresh 11-year low on ECB decision Thursday, 22 Jan 2015 | 1:38 PM ET

    The euro hit a fresh 11-year low after Draghi announced the launch of an open-ended expanded monthly 60 billion euro bond-buying program.

  • This currency war cannot go well: Art Cashin Thursday, 22 Jan 2015 | 12:11 PM ET
    Art Cashin

    The currency war is being played like a chess match, but that will eventually change, veteran trader Art Cashin told CNBC.

  • BEIJING, Jan 22- China is closely monitoring its cross-border capital flows, the foreign exchange regulator said on Thursday, amid signs that money is leaving the world's second-largest economy as it slows. But China is able to manage risks from capital outflows as the country still posts a solid trade surplus, the State Administration of Foreign Exchange said.

  • Yen rebounds, BOJ disappoints further easing bets Wednesday, 21 Jan 2015 | 6:22 AM ET

    The yen rebounded against the dollar after the Bank of Japan stood pat on monetary policy.

  • Dollar rises to 1-week high vs yen after China data Tuesday, 20 Jan 2015 | 5:32 AM ET

    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.

  • Is the China share selloff a buy signal? Tuesday, 20 Jan 2015 | 1:45 AM ET

    China share markets have stabilized nicely after Monday's plunge, but it's not time to bargain hunt yet, analysts said.

  • Euro edges up as investors eye crucial ECB meeting Monday, 19 Jan 2015 | 2:51 PM ET

    The European Central Bank could take its boldest steps yet to revive the euro zone's moribund economy.

  • Yuan falls to 2-1/2 week low after weaker midpoint Monday, 19 Jan 2015 | 4:28 AM ET

    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...