Currencies Chinese Yuan

  • The dollar slipped on Monday, erasing its earlier gains, as investors searched for fresh clues to extend a multi-month rally in the greenback before a widely expected interest rate hike by the U.S. central bank this week.

  • The index has fallen more than 1 percent this week, with investor flows being diverted from the greenback to other currencies including emerging market ones amid an ebb in U.S.- China trade war concerns. "It appears that positions which were skewed towards risk aversion are being reversed across the board," said Makoto Noji, senior strategist at SMBC Nikko...

  • The dollar was close to two-month lows on Friday, as the yen also weakened from lower safe haven demand.

  • The dollar fell to a nine-week low against a basket of major currencies on Thursday as investors shifted their focus from a trade row between China and the United States to the Federal Reserve's monetary tightening plans.

  • SHANGHAI, Sept 20- China's yuan was little changed against the dollar on Thursday as market participants squared positions ahead of a long holiday weekend and remained cautious about developments in the Sino-U.S. trade war. The dollar hovered near a seven-week low against a basket of major currencies as trade concerns took a backseat to discussions between...

  • Washington and Beijing haven't ruled out trade negotiations yet so markets are taking comfort in that, explains Adarsh Sinha of BofA Merrill Lynch Global Research.

  • TIANJIN, China, Sept 19- China will not stoop to competitive devaluation of its currency, Premier Li Keqiang stressed, hours after China hit back, with a softer punch than the one landed by the United States, in an escalating tariff war between the world's largest economies. "One-way depreciation of the yuan brings more harm than benefits for China," he said. "

  • The protracted trade dispute between China and the United States ratcheted up again this week as China levied tariffs on about $60 billion worth of U.S. goods in retaliation for the latest round of U.S. tariffs on Chinese products. MSCI's benchmark emerging stocks index rose 0.8 percent, building on Tuesday's 0.3 percent gain, on hopes China will unleash more...

  • Japanese Yen

    The dollar neared a seven-week low against a basket of other currencies, while commodity currencies advanced on relief that the latest round of tariffs announced by China and the United States were not as harsh as the market expected.

  • *Chinese stocks gain, currency steady as Beijing reply eyed. LONDON, Sept 18- The dollar held near seven-week lows against its rivals on Tuesday while riskier currencies gained after U.S. President Donald Trump escalated his trade war with China by imposing 10 percent tariffs on about $200 billion worth of Chinese imports.

  • The U.S. dollar was little changed on Tuesday, close to a three-week low against the euro, as Washington and Beijing traded barbs and announced fresh tariffs on a growing number of imports.

  • President Donald Trump escalated his trade war with China by imposing 10 percent tariffs on about $200 billion worth of Chinese imports. "China is playing a steady hand on the currency front and the news flow out of Europe continues to be positive which is helping European currencies," said Alvin Tan, a currency strategist at Societe Generale in London.

  • Daryl Guppy of Guppytraders.com also says there appears to be a "reluctance" to let the Chinese yuan move much beyond the 7 level.

  • TOKYO, Sept 18- The dollar was slightly higher on Tuesday and China's yuan fell as global markets braced for Beijing's response to new U.S. tariffs on Chinese goods. President Donald Trump said on Monday that he will impose 10 percent U.S. tariffs on about $200 billion worth of Chinese imports, effective Sept. 24. Trump said that if China takes retaliatory action...

  • SHANGHAI, Sept 18- China's yuan currency pulled back against the dollar in early trading on Tuesday after U.S. Trump on Monday imposed 10 percent tariffs on about $200 billion worth of Chinese imports, and threatened to levy duties on about $267 billion of additional Chinese goods if Beijing retaliates. Chinese Vice Premier Liu He is set to convene a meeting in...

  • SYDNEY, Sept 17- The dollar held above a recent 1-1/ 2 month trough against a basket of major currencies on Monday as investors awaited details on a new round of U.S. tariffs against China, which could further sour relations between the two giants. President Donald Trump is likely to announce new levies on China later in the day. The WSJ also reported that China may...

  • The dollar gave up early gains and fell on Monday while emerging market currencies slipped nearly half a percent as investors waited for the next salvo in the trade war between the United States and China.

  • NEW YORK, Sept 14- The dollar rose against a basket of currencies on Friday, rebounding from a near 1-1/ 2- month low, due to upbeat U.S. economic data and safe-haven demand on reports U.S. Reports that Trump told aides to proceed with tariffs on Chinese goods came after Chinese officials welcomed an invitation from Treasury Secretary Steven Mnuchin for new talks to...

  • NEW YORK, Sept 14- The dollar rose against a basket of currencies on Friday, rebounding from a near 1-1/ 2- month low, as upbeat U.S. economic data and higher Treasury yields rekindled some investor appetite for the greenback. The world's top reserve currency was still on track for a weekly loss as reduced trade tensions between China and the United States, together...

  • BEIJING, Sept 14- China's central bank sold a net 2.4 billion yuan worth of foreign exchange in August, according to Reuters calculations based on central bank data released on Friday. The following are historical data for central bank foreign exchange sales/purchases since Aug 2017, based on Reuters calculations. Month Net change Aug 2018 -23.95 July 2018...