WASHINGTON, March 16- The United States welcomed China's recent decision to allow its currency's value to vary more against the U.S. dollar, a Treasury spokesperson said on Sunday.» Read More
Despite a manufacturing slowdown in Russia, China and Brazil, emerging markets will be key to the recovery of the global economy, Stephen King, chief economist at HSBC told CNBC.
As concerns over the outlook for the Chinese economy intensify, currency traders have scaled back their bets that the renminbi will continue to strengthen against the U.S. dollar. The FT reports.
Higher rates in China, lower ratings in Portugal - time for your daily FX Fix.
The economy of China is either the twenty-first century's greatest economic story or a treadmill to Hell. It depends on whom you ask.
Commodity bull Jim Rogers says hedge fund managers such as Jim Chanos of Kynikos Associates and Hugh Hendry of Eclectica, who have been shorting Chinese related stocks and credits, have got it wrong.
All is not well in China and the interbank market in the country is sending baffling signals, according to First Global Chief Strategist Devina Mehra.
China's premier Wen Jiabao arrived in Hungary on Friday as part of a five-day tour of Europe that analysts expect will see the Chinese government attempt to reassure markets over its economic management and lend rhetorical support to Europe's economies.
The dollar rides some good economic news, for a change, and the Bank of England's Mervyn King delivers a scolding — time for your FX Fix.
Euro zone leaders give Greece some tough love, and the yen takes its lumps. Time for your Monday FX Fix.
Greece's crisis is roiling global currency markets, but bitcoins - yes - are unscathed. Time for your Friday FX Fix.
Salman Khan of the Khan Academy explains what China's currency situation means for U.S. consumption and how it affects the entire U.S. and global economies.
Countries around the world keep their currencies pegged to the U.S. dollar, but how is this balance maintained? We saw in a previous video how a floating exchange rate can significantly affect international trade, but how is this achieved?
You've probably heard about the global controversy surrounding the Chinese currency: international leaders have criticized the Chinese government for keeping the value of the Yuan artificially low, because an artificially undervalued Yuan has serious implications for international trade.
China on Tuesday hiked the required reserve ratio for banks by 50 basis points (bps) after consumer prices rose more than expected in the month of May. But JPMorgan said it expects inflation to peak in the coming months, and for China's rate tightening cycle to end soon.
China will be releasing a slew of economic data in the coming week. Here's how to profit from it.
Earthquakes in New Zealand hit the kiwi, and bickering over Greek debt dents the euro — it's time for your Monday FX Fix.
The Chinese currency hit a record high of 6.4759 against the U.S. dollar on Wednesday after the People's Bank of China (PBOC) fixed the reference point at the strongest level against the greenback since revaluation in 2005. Some think Beijing is likely to go even further, as the country tries to bring inflation under control.
Safe-haven currencies are on a roll. Yes, it's the economy, stupid — time for your FX Fix.
The rising labor costs for companies that supply Chinese goods to the West may result in higher consumer prices. The NYT reports.
European debt worries go well beyond the Continent, and U.S. durable goods dent the dollar. Your FX Fix, right here.