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China's yuan strengthens again, hits strongest level since February - Reuters

(Adds quotes, details and background) SHANGHAI, May 26 China's yuan on Friday extended the previous day's big gain, hitting its strongest level in more than three months, and the Chinese currency was on track for its best week since mid-January. Leggi

China's yuan jumps to 2-month high in "show of strength" after ... - Reuters

(Adds details and background) SHANGHAI, May 25 China's yuan leapt to a near two-month high against the U.S. dollar on Thursday, supported by major state-owned banks in what some traders said was a show of strength a day after Moody's downgraded ... Leggi

Chinese Yuan Takes Yet Another Big Hit Due To Downgraded ... - newsBTC

While the cryptocurrency world is in a frenzy, it is good to look at the traditional financial sector. The Chinese Yuan has started yet another value decline over the past few hours. This is the direct result of Moody's downgrading the nation's credit ... Leggi

China's yuan weakens on strong corporate demand for dollars - Economic Times

Tuesday's midpoint pulled the index for the yuan's value based on a trade-weighed basket to 92.14 from 92.29 a day earlier, its lowest since the measure was inaugurated in late 2015, according to Reuters calculations based on official data from the ... Leggi

Why The Chinese Yuan Won't Be The World's Reserve Currency - Seeking Alpha

The Chinese never promoted it as a single reserve currency; now Western advocates have to reconsider their position. Whenever someone gets too big and too important, the other players who can't compete by themselves call for a challenger. This is true ... Leggi

Chinese Yuan: Credit Suisse Cuts Forecasts - Barron's

The bank cut its 3-month forecasts for the yuan against the U.S. dollar (USDCNY) to 6.88 compared to its previous forecast of 6.98, and cut its 12-month forecast to 7.05 from 7.18 previously. Here's why: The Chinese government's focus on currency ... Leggi

Why the US has changed its tune on the yuan - BBC News

The Trump administration has claimed - and some economists agree - that a lot of that is down to the weak Chinese currency, which makes Chinese goods less expensive overseas. (It also has to do with lower labour costs, electricity subsidies and ... Leggi

China's yuan weakens against US dollar, hits low against currency ... - THE BUSINESS TIMES

[SHANGHAI] China's yuan weakened against the US dollar on Monday despite a firmer midpoinmt fixed by the central bank, as heavy corporate dollar demand emerged. The yuan also struck a record low against a currency basket first introduced in 2015.altro » Leggi

China's yuan firms on stronger guidance, but dollar demand may ... - Economic Times

SHANGHAI: China's yuan edged up against the US dollar on Tuesday after the central bank set guidance at its strongest in three weeks, but traders said corporate demand for the greenback could pressure the Chinese currency in the coming days. Leggi

3 Must Read Asian market Stories: Gundlach's Bitcoin Theory ... - Barron's

Leading U.S. money manager, and Barron's round table participant, Jeffrey Gundlach has an interesting theory regarding Chinese stocks as a driver of the crypto-currency. Here's CNBC with the details: In a Tuesday afternoon tweet, Gundlach noted that ... Leggi