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The US-China trade war centers on the dollar/renminbi exchange rate, with China’s massive USD debt creating systemic risks.
The USD/CNY exchange rate rose to a high of 7.30 this week, its highest point since February as the trade war escalated. It ...
The PBOC may not be in a hurry to weaken the Chinese yuan, given that CNY fixings over the past few days have shown more two-way volatility with a depreciation bias, Mizuho Securities said.
Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...
7don MSN
Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual depreciation engineered by the PBoC.
The Yuan dipped to a 17-year low against the U.S. dollar early on Thursday after President Donald Trump excluded Beijing from his 90-day pause on reciprocal tariffs and cranked up his tariff on ...
Declines come as trade war between world’s two largest economies escalates. Read more at straitstimes.com. Read more at ...
Treasury Secretary Scott Bessent said that rising yields on U.S. Treasurys are a result of normal deleveraging rather than a ...
[SINGAPORE] South-east Asia has long caught a cold when the US dollar sneezes, but these days, currency watchers are just as alert to the renminbi’s sniffles. China’s renminbi is shaping up to be a ...
GBP/USD unwound earlier losses and rose back above 1.28 to trade ... The earlier unraveling of the greenback came accompanied by broad-based losses for the Chinese Renminbi in price action that may ...
2-Year U.S. Treasury Note Continuous Contract $103.781 0.047 0.05% 5-Year U.S. Treasury Note Continuous Contract $108.344 0.094 0.09% 10-Year U.S. Treasury Note Continuous Contract $111.156 0.078 ...
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