The greenback tumbled on Tuesday after data showed that U.S. consumer confidence dropped by the most in three years in ...
The yuan reached its highest level in over a year on Wednesday following interest rate cuts and new measures from China’s ...
The offshore yuan exchange rate also surpassed a key threshold of 7 yuan per US dollar for the first time since May 2023.
The yen lost ground to major currencies on Wednesday, while the yuan hit its strongest level in over a year, as China's ...
Mainland Chinese blue chips gained 1.5%, adding to a 4.3% jump in the prior session. Hong Kong's Hang Seng climbed 0.7%, adding to Tuesday's 4.1% surge. While market players welcomed the stimulus, ...
Upside Risks to Inflation 'Remain Prominent,' Fed's Bowman Says; China Delivers Another Rate Cut By Hardika Singh Inflation remains more of a concern than potential weakness in the labor market, ...
The Australian and New Zealand dollars scaled multi-month peaks on Wednesday while sterling hit its highest in more than two ...
On today’s Big Take Asia podcast, what would it mean for the global economy if the dollar were no longer king?
Malaysia is in "pole position to attract investors and that is generating significant support" for the ringgit," according to Saktiandi Supaat, Maybank's Head of FX Research.
LONDON (Reuters) - China-exposed assets jumped on Tuesday after Beijing announced its biggest stimulus since the pandemic in ...
Markets now expect a 59.5% chance of a 50-basis-point rate cut at the Fed's next policy meeting, up from 37% a week ago.
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...