US dollar slips vs euro as ECB keeps rates steady
THE US dollar fell against the euro on Thursday (Mar 7) after the ECB kept rates steady even as it acknowledged cooling...
China recovery bets grow on Beijing’s moves to stem stock rout
CHINA’S assets are showing signs of a revival after a run of losses, and confidence is growing that the rebound isn’t a...
US dollar keeps a grip on 150 yen; China cut leaves yuan unruffled
THE greenback traded above 150 yen for a sixth day on Tuesday (Feb 20), as investors grew less certain that Japan’s era...
Greenback holds steady after strong US data dents rate-cut hopes
THE US dollar held steady on Monday (Feb 19) after ticking higher for a fifth straight week on the back of strong...
China’s Jan new yuan loans seen surging on policy support
CHINA’S new yuan loans likely surged in January from the previous month as the central bank moved to shore up a patchy...
US dollar steadies near 11-week high, Fed policy path in focus
THE US dollar was up slightly on Tuesday (Feb 6), close to its highest level in almost three months, while the Australian...
China’s major state banks sell US dollars to defend yuan: sources
CHINA’S major state-owned banks were heavy sellers of US dollars on Wednesday (Jan 31), three people with direct knowledge of their activity...
China moves to support yuan as stock markets tumble: sources
CHINA’S major state-owned banks moved to support the yuan on Monday (Jan 22), tightening liquidity in the offshore foreign exchange market while...
Yuan sinks after PBOC keeps rate steady; little change to US dollar on MLK Day
THE yuan fell on Monday (Jan 15) to a one-month low after China’s central bank surprised markets by keeping its medium-term policy...
China central bank pledges rapid, sustainable credit growth through 2024
THE People’s Bank of China said it will ensure credit grows rapidly and at a sustainable pace throughout 2024, in its latest...