Dollar edges higher vs intervention-zone yen, China fears weigh on yuan By Reuters

© Reuters. Banknotes of Japanese yen are seen in this illustration picture taken September 22, 2022. REUTERS/Florence Lo/Illustration/file photo By Hannah Lang and Samuel Indyk WASHINGTON/LONDON (Reuters) – The Japanese yen further weakened against the dollar on Wednesday, hovering in a zone that last year triggered intervention, while the yuan slipped to a nine-month trough

Asia FX weakens ahead of U.S. inflation, yuan supported by PBOC By Investing.com

© Reuters. Investing.com– Most Asian currencies edged lower on Thursday as investors turned broadly risk-averse ahead of key U.S. inflation data due later in the day, while the Chinese yuan rose sharply on more support from the central bank.  The dollar steadied near five-week highs, benefiting from increased demand as markets positioned for a potentially

Dollar gains ground; Aussie, yuan slip after weak China trade data By Reuters

© Reuters. FILE PHOTO: An employee of the Korea Exchange Bank counts one hundred U.S. dollar notes during a photo opportunity at the bank’s headquarters in Seoul April 28, 2010. REUTERS/Jo Yong-Hak/File Photo By Rae Wee and Samuel Indyk LONDON (Reuters) – The U.S. dollar turned higher on Tuesday after another disappointing set of Chinese

Yuan loses core support as firms leave China By Reuters

© Reuters. FILE PHOTO: People walk along an elevated walkway at the Pudong financial district in Shanghai November 20, 2013. REUTERS/Carlos Barria/File Photo By Samuel Shen and Tom Westbrook SHANGHAI/SYDNEY (Reuters) – Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of billions of dollars to buy

Factbox-China’s measures to slow yuan depreciation By Reuters

© Reuters. FILE PHOTO: Coins and banknotes of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo SHANGHAI (Reuters) – China’s currency regulators have been asking some commercial banks to reduce or postpone their purchases of U.S. dollars, two people with direct knowledge of the matter said. The informal