The dollar fell in Asia on Wednesday, hitting a five-month low on the yuan. SEE ALSO: Oil Falls, Heads For Weekly Decline As Virus Cases Hit Record This is as the latest coronavirus relief package ...
The Australian dollar surged on Wednesday as inflation topped forecasts, while the Chinese yuan reached a six-month high in the offshore market before trade talks between the United States and China this week. Australia’s commodity-linked ...
The Australian dollar and New Zealand dollar, gauges of global risk appetite, fell on Monday on fears of a slowdown in China’s economy prompted by a contraction in Chinese exports. Market sentiment swung negative ...
Chinese state oil major Sinopec has suspended two top officials at its trading arm, Unipec, after the company suffered losses, sources with knowledge of the matter said on Thursday. Unipec’s President Chen Bo, an industry ...
The safe haven yen slipped and the Australian dollar extended its rally on Friday as an apparent de-escalation in the U.S.-China trade war gave market confidence a significant boost in Asian trade. News of a ...
The dollar edged higher on Tuesday as firmer U.S. Treasury yields encouraged investors to buy the greenback after a recent drop with investors growing more bullish about its short-term outlook, especially against emerging market currencies. ...
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