Previous close | 0.1377 |
Open | 0.1377 |
Bid | 0.1379 |
Day's range | 0.1377 - 0.1382 |
52-week range | 0.1377 - 0.1382 |
Ask | 0.1378 |
The U.S. dollar (DX-Y.NYB) has been under pressure after China's central bank made moves to push back against the dollar's strength. It's also feeling the impact of hawkish talk from the head of Japan's central bank. Yahoo Finance Markets Reporter Jared Blikre breaks down the dollar's moves.
China's trade slump is showing signs of easing after declines in August came in better than originally expected. But China's weak economy has sent the Chinese Yuan (CNH=X) to a 16-year low against the USD. Yahoo Finance Markets Reporter Jared Blikre joins the Live show from the NYSE to break down the report and outlook for China's economy.
The Chinese Yuan is nearing its lowest level since 2007. The People's Bank of China has been taking steps to try to keep the currency stable while simultaneously lowering borrowing costs in a bid to boost the economy. Yahoo Finance Reporter Ines Ferre breaks down the story.