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But while U.S. money markets are still pricing in two quarter-point rate cuts from the Fed this year, the inflationary cloud ...
The yuan-dollar exchange rate, not the complicated basket of currencies version, is the most visible indicator of how the world's No 2 economy is doing in comparison to the world's No 1 economy.
China's markets return from a week's break on Wednesday to a fresh trade dispute with the United States and ructions in the ...
The dollar index was lower on Monday after U.S. President Donald Trump paused new tariffs on Mexico for one month, after the ...
from 1.5 to 1.75 – a move previously taken to prevent the yuan-dollar exchange rate from worsening. Cross-border financing involves providing funding for business activities that occur outside a ...
The central parity rate of the yuan, strengthened 6 pips to 7.1885 against the US dollar Monday, according to the China Foreign Exchange Trade System. "The current fluctuations in the yuan ...
Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s ...
At the end of last week, USD/CNY broke above 7.30, which previously had been successfully defended in the last days of 2024. Yesterday, the exchange rate even rose to almost 7.33 before falling ...
but with recent intervention risks in the yuan placing bigger chances of a short squeeze, Taiwan dollar becomes much more attractive,” said Stephen Chiu, chief Asia foreign-exchange and rates ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.