Yuan Weakens for Fourth Day as PBOC Cuts Fixing Amid Dollar Rally
China weakens yuan fixing for fourth day, allowing the currency to slide amid a strengthening dollar and easing trade war fears.
China weakens yuan fixing for fourth day, allowing the currency to slide amid a strengthening dollar and easing trade war fears.
China's PBOC opens yuan markets with new bridging measures to draw foreign capital into stocks and bonds, while keeping the onshore dollar-yuan…
Lagarde says China should be involved in FX imbalance talks, prompting a mild decline in the dollar and a firmer yuan, as…
Trump prepares to levy new tariffs and refund past duties, unsettling global trade, moving stock futures, and lifting safe-haven currencies amid rising…
China takes inspiration from the Federal Reserve to bolster the yuan's global role, potentially reshaping reserve currency competition and impacting USD/CNY and…
PBOC mirrors Federal Reserve's monetary toolkit — interest-rate corridor and forward guidance — to boost yuan's global currency status, easing trade settlement…
PBOC hints at adopting an overnight policy rate framework similar to the Fed, a reform that could modernize China’s monetary policy signal,…
Chinese bonds attracted foreign capital in May for the first time in a year, signaling improved confidence in the country's debt markets…
China’s credit growth undershot forecasts in May, underscoring tepid loan demand that frustrates the PBOC’s stimulus efforts and casts a shadow over…
China's newest capital outflow restrictions pressure the yuan and equities while fueling safe-haven gold demand, reshaping global macro trades.
China permits some banks to pay higher interest on dollar deposits, signaling efforts to manage capital flows and support the onshore dollar…
Trump's tariff proposal on forced labor products renews fears of a trade war, potentially lifting inflation and hitting global equities.