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Russian demand for China's currency has surged 8x with ruble-yuan trading volumes at record highs
Business Insider via Yahoo Finance· 2 years agoRussian President Vladimir Putin and Chinese President Xi Jinping.Alexei Druzhinin/Sputnik/AFP...
With a sale of Chinese yuan, Russia kicks off 2023 forex intervention
Reuters via Yahoo Finance· 1 year agoMOSCOW (Reuters) -Russia said it would resume foreign currency interventions with the sale of yuan...
US dollar rises broadly as risk tolerance drops after Moody's downgrade, Chinese data
Reuters via Yahoo Finance· 10 months agoBy Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The U.S. dollar firmed across the board on Tuesday,...
FOREX-Greenback gains, Aussie tumbles after weak Chinese data
Reuters via Yahoo Finance· 2 years agoCommodities including iron ore slumped on concerns about reduced demand from China, which hurt currencies exposed to the assets, including the Australian dollar. “Concern about Chinese demand ...
FOREX-Currency markets steady after yen breaches 2023 low
Reuters via Yahoo Finance· 10 months agoGlobal currency markets steadied on Monday after the yen hit its lowest level since November, leaving traders on the look out for Japanese government intervention to shore up the currency. The ...
FOREX-Dollar flat as investors digest China's loosening of COVID rules
Reuters via Yahoo Finance· 1 year agoChina will stop requiring arriving travelers to go into quarantine starting Jan. 8, the National...
China Pledges to Steady Yuan as Asian Currencies Come Under Pressure
The Wall Street Journal· 2 months agoChina’s central bank reiterated its commitment to a stable yuan, joining the chorus of Asian...
FOREX-Dollar up on euro as quarter ends, commodity led currencies sink
Reuters via Yahoo Finance· 2 years agoThe dollar rose against the euro on Friday but pared gains late in a session that was muddied by quarter-end trading while riskier commodity-led currencies fell sharply after European inflation ...
FOREX-Dollar steadies after one-two punch from Aussie, Chinese yuan
Reuters via Yahoo Finance· 11 months agoThe dollar held mostly steady against the euro and the yen on Thursday, but dropped against the Australian dollar after domestic job data beat expectations, and against the yuan, which received ...
UPDATE 1-Russian central bank: Share of 'friendly' currencies forex trade up to 31% in Oct
Reuters via Yahoo Finance· 2 years agoThe share of so-called "friendly" nations' currencies, mainly yuan, rose to 31% of Russian foreign exchange market trade and the share of U.S. dollar/rouble pair trade fell to a historic low ...