Category: Chinese Yuan

Yuan Under Pressure as US Treasury Yields Top Chinese Rates – Wall Street Journal – Chinese Yuan

Wall Street Journal Yuan Under Pressure as US Treasury Yields Top Chinese RatesWall Street JournalOne-year government securities in China offered a yield of 2.611% Friday, slightly below the 2.684% offered by one-year U.S. Treasury notes. As recently as the turn of 2017, the Chinese notes offered a premium of 2 percentage points. The shift reflects…

DailyFX Yuan May Retrace Amid Mixed Fundamentals, Resumed US-China TalksDailyFXThe Chinese Yuan reversed losses from last week and gained against the U.S. Dollar this week; at the same time, it weakened against the rest of major currencies, except the GBP. Chinese fundamentals saw uneven development in October, bringing a mixed … and more » Source link

US-China trade war: Tariffs spur record dollar-yuan currency trading – CNBC – Chinese Yuan

CNBC US-China trade war: Tariffs spur record dollar-yuan currency tradingCNBCMarket uncertainty due to the ongoing trade dispute between the U.S. and China has spurred a jump in trading volumes for the dollar-yuan currency pair in …Chinese yuan strengthens to 6.9402 against USD WednesdayXinhuaSliding Chinese yuan risks Trump trade war backlashAsia TimesChina’s yuan inches up as state…

South China Morning Post Chinese yuan strengthens to 6.9629 against USD TuesdayXinhuaBEIJING, Nov. 13 (Xinhua) — The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 153 basis points to 6.9629 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System. In China’s spot foreign …Beijing to stabilise the yuan,…