|Day's range||6.913 - 6.926|
|52-week range||6.2342 - 6.9338|
Investing.com - The yuan fell on Tuesday while the U.S. dollar was largely unchanged as a senior U.S. Treasury official expressed concern at the fall in the Chinese currency, according to Bloomberg.
Investing.com - The yuan slipped while the dollar gained on Monday as investors assessed the People’s Bank of China (PBOC)’s announcement on Sunday to loosen monetary policy.
The depreciation of the CNH is enormous. Since the beginning of 2018, USD/CNH has surged from levels near 6.26 to 6.90. Is it the endpoint? Unlikely. The leading world banks came to the conclusion that the CNH traders should expect more difficult months for the currency.
The US-China trade war has turned into a currency war. The latest manufacturing numbers released by China’s National Bureau of Statistics yesterday show the first hard evidence that US President Donald Trump has weakened Chinese President Xi Jinping’s hand in the nine-month-long trade war between the two economic superpowers. In the face of escalating US tariffs against Chinese goods, Chinese factory orders have declined after 15 months of expansion.
Investing.com - The U.S. dollar was little changed on Friday, while the Aussie dollar edged up ahead of the October’s monetary policy decision from the Reserve Bank of Australia due next week.
Investing.com - The U.S. dollar inched up on Thursday after the Federal Reserve increased the overnight funds rate to a range of 2.00% to 2.25%.
Investing.com - The U.S. dollar was unchanged on Wednesday as markets awaited the conclusion of the Federal Reserve’s latest meeting, while the New Zealand dollar jumped on a better-than-expected business confidence report.
On Tuesday morning, global stock mixed as trade fears intensify. Investors await the FOMC rate decision tomorrow. Meanwhile, EM central banks have managed to stabilize their currencies.
Investing.com - The Japanese yen edged up on Monday as China cancelled its planned trade talks with the U.S. The dollar also gained following the news.
Investing.com - The Japanese yen showed little reaction to the domestic CPI data released Friday that has risen to its highest point in seven months. The U.S. dollar gained but still hovered near two-month lows.
Investing.com - The U.S. dollar traded near a seven-week low on Thursday while the kiwi jumped after data showed the country’s second quarter economic growth topped estimates.
Investing.com - The U.S. dollar slipped, while the Japanese yen hovered near a two-month low on Wednesday as investors digested the latest trade news.
The U.S. dollar was flat against other currencies on Tuesday as China announced retaliation tariffs against the U.S. China said it would impose new tariffs on U.S. goods worth $60 billion, effective Sept. 24, Reuters reported. The new tariffs are in response to U.S. tariffs on Monday of 10% on $200 billion in Chinese goods, which will go up to 25% at the end of the year.
"We have been very clear about the type of changes that need to be made, and we have given China every opportunity to treat us more fairly," he said in the statement.
Investing.com - The yuan and the U.S. dollar traded slightly lower on Tuesday following an announcement by the Trump administration that the U.S. would put 10% tariffs on $200 billion in Chinese goods, which will go up to 25% at the end of the year.
Investing.com - The U.S. dollar slipped while the Aussie dollar edged higher on Monday as markets awaited an announcement of additional U.S. tariffs on $200 billion in Chinese goods.
Investing.com – The Chinese yuan continued to stabilize Friday morning as economic news out of Europe and Japan suggested that some of the volatility of recent months may be levelling off, but risk is not far off.
Investing.com - The dollar ticked higher against the euro and the British pound on Thursday, as investors looked ahead to policy decisions by the European Central Bank and the Bank of England later in the day.
Three main factors lift-up developing countries’ share markets. Global stocks rise on hopes of new trade talks. Investors await the ECB and BoE decisions.
Investing.com – The Chinese yuan got a shot in the arm Thursday morning in Asia from reports that the U.S. is proposing new trade talks as part of an effort to reduce trade tensions.
Investing.com – The Chinese yuan continued a moderate slide on Wednesday morning in Asia with the People's Bank of China (PBOC) once again setting its reference rate lower even as it moved to resume open market operations.
Investing.com – Asian currencies – from India to Philippines – were under pressure Tuesday morning even as the dollar moved slightly up.
Investing.com - The dollar was mixed on Monday morning in Asia as the Australian dollar and the Chinese yuan continued to lose ground against the greenback.
Investing.com - The Chinese yuan fell, while the Aussie dollar also slipped on Friday as traders remained anxious over reports that the Trump administration could place tariffs on an additional $200 billion worth of Chinese goods as soon as today. China's commerce ministry has said the country would retaliate if the U.S. imposes new tariffs.