Search Results for: yuan
The dollar fell against a broad range of currencies on Monday
March 16th, 2020
The dollar fell against a broad range of currencies on Monday after the U.S. Federal Reserve made another surprise interest rate cut and major central banks took steps to relieve a shortage of dollars in financial markets. The U.S. ...
Coronavirus and credit – a perfect storm
February 19th, 2020
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results. At the time of writing, analysts are still trying to get to grips with the virus’s ...
Yen holds gains on virus woes, euro crumbles on weak growth outlook
February 14th, 2020
The Japanese yen held onto gains against the dollar on Friday as renewed worries about the coronavirus outbreak supported demand for safe-haven currencies and weighed on prices of riskier assets. The Chinese yuan nursed losses in offshore trade as ...
How Emerging Market stocks and currencies kicked off the week
February 3rd, 2020
Emerging market stocks held at near two-month lows on Monday, showing no signs of reprieve as investors continued to worry about the economic hit from a deadly virus outbreak in China. As traders in Asia’s biggest economy returned from ...
Dollar at 2-month high, Aussie weak as virus anxiety spreads
January 30th, 2020
The dollar held near a two-month high against a basket of major currencies while the Australian dollar and the yuan were under pressure on Thursday as investors tried to shield themselves from assets that could be hit by China’s ...
The euro held near a 10-day low on Monday
November 25th, 2019
The euro held near a 10-day low on Monday after posting a weekly loss as investors remained cautious about the outlook for the euro zone economy in the near term. Though latest data showed business morale in Germany, Europe’s ...
Most Asian currencies inch up
October 25th, 2019
Most Asian currencies edged up on Thursday ahead of central bank policy meetings and in the absence of new signals or developments in the Sino-US trade war and the Brexit saga. Indonesia’s central bank is widely expected to cut ...
Lab-grown diamonds shaking up the industry
October 8th, 2019
Young consumers in China are taking a growing interest in cheaper, more accessible alternatives to mined gems. It sparkles and shines like a diamond from the Earth’s mantle, but it’s grown in a laboratory. Lab-grown diamonds, which have been ...
U.S Dollar steadied or fell against most major currencies
October 2nd, 2019
Worries about a slowing U.S. economy and the possibility of further interest rate cuts in the wake of weak U.S. manufacturing data kept the dollar pinned down on Wednesday, as investors sought shelter elsewhere. The greenback steadied or fell ...
Dollar gives up gains against most major currencies
September 20th, 2019
The dollar drifted lower on Friday after central banks in Switzerland and the UK refrained from following the Federal Reserve in cutting rates, and risk appetites ebbed on caution about U.S-China trade talks. Sterling hits two-month high on Brexit ...
