Dollar hits 14-month low against euro, yuan dips
The dollar hit a 14-month low against the euro on Wednesday as traders bet that the Federal Reserve will make another large rate cut at its November meeting on weakening labor optimism, while the yuan eased on growing doubts about the impact of a new round of Chinese stimulus.
The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of measures to ...
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
African governments and traders are increasingly turning to the Chinese yuan, or renminbi, to settle financial transactions ...
China’s yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...
The dollar rebounded from a 14-month low against the euro, with traders anticipating another major Federal Reserve interest ...
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest ...
The offshore yuan weakened slightly against the U.S. dollar in the early morning Asian session after China’s latest monetary-easing measures.
The Australian dollar reached its highest level of the year as the Reserve Bank of Australia reaffirmed its determination to ...
SHANGHAI: China’s yuan rose to a fresh 16-month high on Wednesday and briefly crossed the key 7-per-dollar level offshore, ...
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The central bank is advising lenders ...
However, rather than focusing solely on the short-term fluctuations of the exchange rate, investors are advised to pay more ...
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