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Yuan Reverses Course, Rises Against Dollar

The Chinese currency surged against the dollar on Wednesday, continuing a recovery that began the previous afternoon after China’s central bank chief pledged to keep the exchange rate “basically stable.”.....»»

Category: asiaSource: wsjJul 4th, 2018

Asian Markets Surge, Dollar Rises Against Yuan, Yen, As US-China Deal Close To An End

The U.S. dollar traded up against the Japanese yen and the Chinese y.....»»

Category: blogSource: benzingaDec 26th, 2019

Asian Markets Surge, Dollar Rises Against Yuan, Yen, As US-China Deal Are Close To An End

The U.S. dollar traded up against the Japanese yen and the Chinese y.....»»

Category: blogSource: benzingaDec 26th, 2019

Stocks tumble; emerging markets hit as dollar rises, yuan falls

Equities around the world took a dive on Wednesday, with emerging market stocks set to confirm a bear market and the dollar hitting a 13-month high, while weakness in China's yuan rattled investors' nerves......»»

Category: topSource: reutersAug 15th, 2018

Global stocks, commodities tumble; emerging markets hit as dollar rises, yuan falls

Equities around the world took a dive on Wednesday, with emerging market stocks set to confirm a bear market and the dollar hitting a 13-month high, while weakness in China's yuan rattled investors' nerves......»»

Category: topSource: reutersAug 15th, 2018

Gold prices fall from record high while US dollar rises

Gold prices fall from record high while US dollar rises.....»»

Category: topSource: yahooApr 12th, 2024

China Says It Has No Desire To Replace Dollar As Global Reserve Currency With Digital Yuan

China Says It Has No Desire To Replace Dollar As Global Reserve Currency With Digital Yuan Apparently all it takes to replace a global reserve currency is a digital currency alternative just waiting to be released .....»»

Category: blogSource: zerohedgeApr 19th, 2021

Jerome Powell says Fed is doing lots of work on a digital dollar as policymakers warily eye China"s digital yuan

Jerome Powell said the Fed is running experiments looking at how exactly a digital dollar might work, as China presses on with its digital y.....»»

Category: topSource: businessinsiderApr 12th, 2021

: Will China’s new digital yuan threaten King Dollar’s reign?

China is the first major economy to issue a blockchain-enabled, digital version of its currency, the yuan, and this development has some in Washington worried that the U.S. dollar's status as the global reserve currency is under threat......»»

Category: topSource: marketwatchApr 6th, 2021

Microsoft rises 3% to six-week high, after striking a billion-dollar contract with the US army for AR headsets

Microsoft can monetize AR capabilities and it's "tightening its grip" on deals within the Pentagon, W.....»»

Category: worldSource: nytApr 1st, 2021

London Markets: HSBC rises on report it’s about to exit U.S. retail as FTSE 100 reverses

HSBC Holdings was one of the few advancers in London trade on Monday, with the banking giant rising on a report it is about to exit from the retail U.S. market......»»

Category: topSource: marketwatchFeb 22nd, 2021

US stocks set to slip after touching record highs, while dollar rises as markets mull employment data and stimulus

The dollar strengthened and stocks slipped as investors chewed over the latest economic data. The bitcoin price hovered near record highs. US stocks have rallied to record highs in recent months, but were set for .....»»

Category: topSource: businessinsiderFeb 12th, 2021

Dollar Rises After Yellen Warns "Job Market Is Stalling" In Defense Of Biden"s Massive Stimulus

Dollar Rises After Yellen Warns "Job Market Is Stalling" In Defense Of Biden's Massive Stimulus The USDollar rose in early Asian trading against most G-20 peers after Treasury Secretary Janet Yellen doubled-down on the k.....»»

Category: dealsSource: nytFeb 7th, 2021

Futures Movers: Oil snaps 6-day winning streak as U.S. dollar rises, product inventories build

Oil futures end a choppy session lower, snapping a six-day winning streak for the U.S. benchmark, after the dollar gains ground and inventories of gasoline and distillates rise more than expected......»»

Category: topSource: marketwatchJan 13th, 2021

Metals Stocks: Gold prices wobble as dollar rises, but retreat in bitcoin, stocks limits slide

Futures for gold bounce around on Monday as global stocks retrench and bitcoins, the biggest recent rival to gold, were suffering a price correction after a massive rally above $40,000......»»

Category: topSource: marketwatchJan 11th, 2021

Europe Markets: European stocks fall and dollar rises on speculation around Fed and wariness of Trump

European stocks fell and the U.S. dollar rose on Monday, amid signs the U.S. Federal Reserve isn't eager to keep bolstering its balance sheet with investors also wary of the remainder of the term of U.S. President Donald Trump......»»

Category: topSource: marketwatchJan 11th, 2021

Global US Dollar Shortage Rises As Emerging Markets Lose Reserves

Global US Dollar .....»»

Category: blogSource: zerohedgeMay 3rd, 2020

The US dollar doesn"t have "too much to offer anymore," and looks set to plummet against other major currencies, UBS warns

Reuters The dollar could plunge against the yuan, yen, and pound in the next few months, warns UBS. UBS Global Wealth Management's Hartmut Issel told CNBC Thursday in a phone interview: "Since the last month or two, the dollar d.....»»

Category: topSource: businessinsiderApr 23rd, 2020

Oil crash pummels stocks and bond yields; dollar rises

Stock markets around the world fell on Tuesday, as oil prices hit a two-decade low a day after some U.S. crude oil futures turned negative for the first time ever, underlining worries about deep economic damage from the coronavirus pandemic......»»

Category: topSource: reutersApr 21st, 2020

Dollar rises again on safe-haven bids; shrugs off poor U.S. jobs number

The dollar resumed its climb against major currencies on Friday as investors took refuge in safety bids amid worsening economic fallout from the coronavirus pandemic......»»

Category: topSource: reutersApr 3rd, 2020

U.S. dollar rises as global slump looms

The dollar advanced on Wednesday, with markets staring at what looked likely to be one of the worst economic contractions in decades as the world confronts the coronavirus pandemic......»»

Category: topSource: reutersApr 1st, 2020