The dollar held gains versus the yen and the euro stood steady after rebounding from an eight-month low against the greenback.» Read More
Recently, Beijing announced it would permit the yuan to rise in value as much as one percent each day. This was greeted by China watchers as an important indication Beijing would finally permit the yuan to rise against the dollar significantly enough to reduce the U.S. trade imbalance with the Middle Kingdom.
Risk appetite sours on Greece and China tries to spur growth - it's time for your FX Fix.
Shao Jiong, Regional Head of Internet & Chief China Strategist, Macquarie explains why he thinks China's RRR cut was not entirely surprising. His top picks in the China market include Great Wall Motors, Petrochina and Sands China.
George Boubouras, Head of Investment Strategy & Consulting, UBS Wealth Management says the bank has lowered its growth forecast for China this year to 8.2%. He expects more stimulus from Beijing in June.
Should Americans be concerned over Procter & Gamble's move to Singapore? Jimmy Pethokoukis, American Enterprise institute and Donald Straszheim, ISI Group, share their perspectives.
Europe's elections cast a long shadow and Iran takes yuan - it's time for your FX Fix.
Iran is accepting renminbi for some of the crude oil it supplies to China, industry executives in Beijing and Kuwait and Dubai-based bankers said, partly as a consequence of U.S. sanctions aimed at limiting Tehran’s nuclear program, the Financial Times reports.
Banny Lam, Assoc Dir & Economist, CCB International Securities says China wants more liberalization of imports from the U.S., adding that it will benefit domestic consumption.
Jobs data and elections curb risk appetite and Australia is downbeat - it's time for your FX Fix.
John A. Quelch, Dean of the China Europe International Business School believes there is constructive discourse taking place at the China-U.S. Strategic Economic Dialogue (SED).
Donna Kwok, Greater China Economist, HSBC expects a lower China trade surplus with weakening demand in Europe.
Jeremie Waterman, Executive Director of China Policy, U.S. Chamber of Commerce, says the move towards a market-determined exchange rate in China must be an evolutionary change, not revolutionary.
The U.S. fixation on China's currency is "old" and it is time the debate moved on to more important issues such as trade and market access, said Stephen Roach, the former Non-Executive Chairman of Morgan Stanley Asia.
Nick Verdi, Director, FX Strategy Asia Pacific ex-Japan at Barclays said the ECB has already provided ample liquidity into the financial system and is likely to keep its policy on hold at today's meeting.
Alistair Thornton, China Economist, IHS Global Insight thinks the U.S.-China Strategic and Economic Dialogue holds a lot of potential, but says talks could be overshadowed by broader political events.
Ray Attrill, Head of FX Strategy, North America, BNP Paribas says that China is undergoing a soft landing and that growth will pick up in the rest of the year.
Patrick Perret-Green, Head of FX & Rates Strategy for Asia of Citi says the U.S. probably added 150,000 jobs in April and that most of the bad news is already priced into the bond market.
John Noonan, Senior FX Analyst, Thomson Reuters said investors like the idea that the U.S. Federal Reserve may be standing by with a third round of quantitative easing.
Paul Heffner, Partner & CIO, Gen2 Partners explains why it is time to gain exposure to Chinese A-shares.
Simon Robinson, Director, Raven Capital says the strength of the exports sector in China needs to be questioned.