Currencies Chinese Yuan

  • A trader shows U.S. dollar notes at a currency exchange booth.

    The U.S. dollar was little changed against a basket of currencies on Monday, sticking close to a two-week low, as caution about the American economy and expectations for an accommodative Federal Reserve kept the greenback subdued.

  • March 18- Emerging market stocks and currencies each hit two-and-a-half week peaks on Monday, after U.S. data on Friday raised hopes of a dovish stance from the Federal Reserve at its meeting this week. The Fed is also expected to trim its median expectation of rate changes to one hike this year, down from two raises expected earlier, OCBC Bank analysts wrote in a...

  • Close-up of hourglass on dollar money background - Concept of countdown, deadline and time is money

    The dollar fell broadly on Friday and was set for its biggest weekly drop in more than three months, dragged lower by weak U.S. economic data, while sterling was slightly below its highest level since June 2018, hit Wednesday after Britain's parliament rejected a "no-deal" exit from the European Union.

  • LONDON, March 15- The dollar slipped against its rivals on Friday and was set for its biggest weekly drop in more than three months before a U.S. central bank meeting next week where policymakers will shed more light on the outlook for interest rates. Antipodean currencies led by the Australian dollar and its New Zealand counterpart were the biggest gainers...

  • NEW YORK, March 14- The U.S. dollar gained on Thursday for the first time in a week as the pound stalled at lower levels ahead of a vote to extend Britain's March 29 deadline for exiting the European Union. The pound was down 0.82 percent at $1.3225 in mid-morning American trade, as investors braced a parliamentary vote seeking a last-minute Brexit delay, which Prime...

  • *Aussie falls after Bloomberg report. LONDON, March 14- The Australian dollar fell on Thursday after reports that a meeting between China and the United States to end their trade war had been delayed. The meeting between President Donald Trump and President Xi Jinping wont occur this month and is more likely to happen in April at the earliest, Bloomberg reported.

  • The U.S. dollar gained on Thursday for the first time in a week as the pound stalled at lower levels after U.K. lawmakers voted in favor of seeking a delayed departure from the EU.

  • *China industrial output growth hits a 17- year low. *Property investment in China rises in Jan-Feb period. "The jump in the unemployment rate may be distorted by Chinese New Year but it probably also reflects that employment is under pressure from the slowdown," Allan von Mehren, chief analyst and China economist at Danske Bank, wrote in a note.

  • CHINA C.BANKS NET FOREX SALE 0.3 BLN YUAN IN FEB-REUTERS CALCULATIONS.

  • BEIJING, March 14- China's central bank sold a net 0.3 billion yuan worth of foreign exchange in February, according to Reuters calculations based on central bank data released on Thursday. The following are historical data for central bank foreign exchange sales/purchases since Feb 2018, based on Reuters calculations. Month Net change Feb 2019 -3.30 Jan 2019...

  • The new £1 pound coin is seen alongside U.S. dollar bills and euro notes on April 4, 2017, in Bath, England.

    Sterling rose on Wednesday after U.K. lawmakers rejected the idea of leaving the European Union without a Brexit deal in place.

  • The dollar pared gains again the Japanese yen and extended losses against the euro after U.S. consumer prices showed that inflation remains low despite a tight labor market, bolstering the Federal Reserve's case for keeping interest rates on hold.

  • The dollar dipped on Monday morning after mixed U.S. retail sales data, while Sterling jumped as investors braced for parliamentary votes on Prime Minister Theresa May's Brexit's deal that could decide the terms on which Britain will leave the European Union.

  • March 11- Emerging-market stocks rose on Monday, led by Chinese shares after the country's central bank pledged more support for a slowing economy, while investors continued to digest Friday's weaker-than-expected jobs data from the United States. Mainland China and Hong Kong shares rose, boosting MSCI's index for emerging-market stocks, which recovered...

  • BEIJING, March 10- China's central bank has basically exited from regular intervention on foreign exchange, and the yuan exchange rate is not a major concern when deciding monetary policy, the head of the central bank said on Sunday. China will absolutely not use the exchange rate to boost its exports, nor will the country use exchange rates as a tool in trade...

  • The dollar fell against most major currencies on Friday as data showed U.S. employers hired far fewer workers than forecast in February, although the jobless rate fell and wages grew more than expected.

  • *China February exports drop more than a fifth. Data showing the manufacturing giant's exports fell 20.7 percent in February pointed to a further slowdown in China and spurred market participants into scaling back risky bets to pile into safe havens such as Japan's yen. "While the Lunar New Year holidays resulted in large swings in the trade data, the moderation...

  • The euro dipped below $1.13 on Thursday after the European Central Bank postponed the timing of its first post-crisis rate hike to 2020 at the earliest and launched a new round of cheap loans to banks.

  • BEIJING, March 7- China's foreign exchange reserves in February rose to their highest in six months as growing optimism over U.S.- China trade talks buoyed the yuan currency, easing worries about capital outflows from the slowing economy. While China's economy continues to cool, analysts believe the risk of strong capital outflows has greatly diminished in...

  • BEIJING, March 7- China's foreign exchange reserves rose slightly in February as growing optimism over U.S.- China trade talks buoyed the yuan currency for a fourth straight month, easing worries about capital outflows from the slowing economy. The United States and China appear close to a deal that would roll back U.S. tariffs on Chinese goods, as Beijing makes...