The US Dollar to Chinese Yuan (USD/CNH) exchange rate is edging towards its annual peak, a level close to 7. 28. Foreign exchange rate analysts at Danske Bank looks at three potential trades for ...
China’s central bank moved on multiple fronts this week and last in an effort to shore up its currency, the yuan, which has languished near a 16-month low relative to the dollar.
The dollar may remain below 7.3000 against the offshore Chinese yuan for now, DBS Group Research’s Chang Wei Liang says in commentary. In his speech at Davos overnight, U.S. President Trump spoke ...
For a start, the yen perked up after the Bank of Japan finally delivered a quarter-point hike in its main policy interest ...
The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with ...
The U.S. dollar extended its fall after U.S. President-elect Donald Trump was quoted as saying he will not impose U.S.
Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s ...
The Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of ...
During Trump's first term as president, the yuan was allowed to weaken more than 12% against the dollar during a series of tit-for-tat U.S-Sino tariff announcements between March 2018 and May 2020.
Q: What is the Dollar worth against the Yuan? A: One Dollar is worth 7.2441 Yuan today Q: Is the Dollar going up or down against the Yuan? A: Today's exchange rate (7.2441) is the same value ...
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...