The yen held firm, while the euro posted its second straight month of declines as tensions between Ukraine and Russia flared up again.» Read More
Sunday, Beijing announced it was widening the daily trading range for the yuan to one percentage point. This news has been heralded as another indication that China is liberalizing its currency, and the yuan may now be fairly valued. This may be dead wrong.
China loosens up and Spanish yields lift - it's time for your FX Fix.
Investments in Europe could come to total more than 20 percent of China's sovereign wealth fund’s diversified equities, according to Jin Liqun, chairman of the Board of Supervisors at the fund.
China’s weekend decision to widen its currency’s trading band has sparked a debate on where the next yuan offshore trading center will be located. While Hong Kong holds the lead for the amount of international trade settled in yuan, other financial centers like Singapore and London are competing to be crowned the next yuan offshore hub.
Emma Lawson, Senior Currency Strategist, National Australia Bank, says China's move to widen the yuan trading band should please those who are hoping for appreciation.
Herald Van der Linde, Head of Equity Strategy, Asia-Pacific, HSBC says China's yuan move is positive for markets as it strengthens odds for a soft-landing
Minggao Shen, Head of China Research, Citigroup and Andy Xie, Independent Economist discuss China's move to widen its currency trading band. They also weigh in on the diverging market sentiment on China's latest GDP figures.
Benjamin Hung, Executive Director & CEO, Standard Chartered Bank (Hong Kong) says while China's currency liberalization is a step in the right direction, it doesn't mean that the yuan will appreciate faster.
John Noonan, Senior FX Analyst, Thomson Reuters says China's move to widen the yuan trading band reflects a confidence in the economy.
Simon Warner, Head of Macro Markets, AMP Capital says he doesn't expect a fast acceleration of RMB appreciation this year as authorities want to keep policy easy.
Big economic themes point to a trade on growth, this strategist says.
Discussing whether China is crashing, or just slowing, with Donald Straszheim, ISI Group senior managing director.
Federal Reserve Chairman Ben Bernanke answers questions following his speech on the financial crisis, saying "evidence that monetary policy was a major source of the housing price increase is pretty weak at this point."
With a weaker than expected Chinese GDP number and concerns over Spain, what's your best currency plan? Camilla Sutton, Scotia Capital, offers insight.
China's GDP numbers were lower than what the market was expecting. Brian Kelly, Shelter Harbor Capital, and Nicholas Consonery, Asia analyst at Eurasia Group, discuss whether China has bottomed.
Brian Jackson, RBC senior emerging markets strategist, offers insight on China's latest GDP report.
If you have high hopes for the upcoming China GDP report, this strategist has a trade for you.
Kathy Lien, Director of Global Research and Analysis, GFT Forex is looking for a 6-7% appreciation for the RMB in the later part of this year.
The Bank of Japan stays pat and a trade surplus grows in China - it's time for your FX Fix.
Tai Hui, Head of Regional Research, Asia, Standard Chartered Bank, Singapore says growth of 8.1% in China will be just right in reducing the country's dependence on investment and raising the importance of consumption.