Analysts bet US Federal Reserve rate cuts and thawing trade tensions will drive China’s yuan past the 7.0 psychological ...
Goldman Sachs Group Inc. says the yuan is 25% undervalued and will appreciate more than forwards contracts are pricing for ...
China’s yuan climbed on Monday to a fresh 14-month high against the dollar, as broad weakness in the US currency overcame ...
USD/ CNY hit fresh 14-month low on Thursday as the greenback weakened following a Fed rate cut while investors look to Chinas ...
Some investment houses expect the Chinese yuan to strengthen beyond the psychologically critical 7-yuan-per-dollar mark for ...
Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks ...
China’s offshore yuan bond issuance hit a record 870 billion yuan ($123 billion) this year, growing for the eighth year in a ...
China set its daily reference rate for the yuan at a level that was significantly weaker than estimated by traders and analysts, suggesting the central bank is aiming to ease gains in the managed ...
China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong ...
With US President Donald Trump imposing 104% tariffs on Chinese imports, Beijing is responding by letting the yuan weaken against the dollar — a move that analysts say could spark the next leg of the ...
China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases. The order from Chinese officials comes as the yuan ...