EBRD Sees Challenge to Dollar from Russia’s Trade in Yuan
Russia’s rising trade in the yuan in the wake of the war in Ukraine and western sanctions may
2023-09-27 13:55
Yuan Flirts With Daily Trading Limit, Testing China’s Red Line
The yuan weakened toward the limit of its fixed trading band against the dollar, as China’s worsening property
2023-09-26 12:49
Australia Warns of Impact If China Suffers Sharper Slowdown
The impact of a deeper economic deterioration in China will be mainly felt in Australia through weaker trade
2023-09-25 08:48
China Seeks to Facilitate Capital Flows to Woo Foreign Investors
China repeated rules to ensure free cross-border money transfers for foreign businesses in its two most important cities
2023-09-22 12:20
China’s Yuan Defense Runs the Risk of Hurting Global Bond Demand
A tool deployed by the People’s Bank of China to defend the yuan may result in some collateral
2023-09-22 09:23
Carry Trades Play Catch Up in Asia as Other EM Regions Go Dovish
Emerging Asian currencies have been less attractive than most of their global peers as carry-trade targets over the
2023-09-21 14:24
PBOC Says Policy Room Is Ample as Analysts Bet on Rate Cuts
China’s central bank said it has sufficient policy space to support the economy’s recovery, adding to expectations there
2023-09-20 17:23
Dollar Rally Is Crushing One of the Most Popular Trades of 2023
Mark Nash thought the US dollar’s rally was done. It was late 2022, and his bets against bonds
2023-09-20 07:49
Carry Trade Mints 42% Profit and Sparks Push Into New Market
For currency speculators around the world, the trade has long been a no-brainer: simply borrow yen, which costs
2023-09-18 07:58
Latin American FX Shines as Emerging Europe Misses Out
A gauge of developing-market currencies posted its best week since July, with gains in Latin America high-yielders overshadowing
2023-09-16 05:16
It’s Not Just the US Dollar. China Supports Yuan Against 23 Other Currencies.
China’s struggle with a weak yuan extends far beyond how it trades against the dollar. The People’s Bank
2023-09-13 15:58
China’s Yuan Rallies Off Recent Lows on Record Strong Fix Signal
The yuan climbed from a 16-year low as China started the week on the offense, sending another forceful
2023-09-11 11:47