Ausie dollar rebounds from 1-yr low as strong jobs raise rate cut uncertainty
-- The Australian dollar rose sharply on Thursday, rebounding from a one-year low after stronger-than-expected labor data raised doubts over the potential timing of...
China is considering softer currency
(Corrects title of Saxo's Charu Chanana to chief investment strategist from head of currency strategy) (Reuters) - Reuters reported on Wednesday that China is considering allowing...
Weaker Chinese yuan talk raises spectre of FX race to the bottom
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -High-level discussions in China about allowing its currency to weaken next year underscore the risk for investors and...
Dollar higher after CPI; China considers letting yuan weaken
By Hannah Lang NEW YORK (Reuters) -The dollar was higher on Wednesday after U.S. price data came in line with forecasts, reinforcing expectations the U.S. Federal Reserve will cut...
Yellen says US will 'react strongly' to any currency manipulation
By David Lawder WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said on Wednesday that the U.S. will "react strongly" when countries try to manipulate their currencies...
Exclusive-Chinese authorities are considering a weaker yuan as Trump trade risks loom, sources say
(Reuters) -China's top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher U.S. trade tariffs as Donald Trump returns to the...
China's yuan likely to stabilise and strengthen, central bank says
BEIJING (Reuters) - The foundation for a "basically stable" yuan exchange rate remains "solid," according to an article published by Financial News, the People's Bank of China's...
Dollar rises ahead of CPI; euro, yuan weakens
- The US dollar rose Wednesday ahead of an eagerly-expected consumer inflation report for November, hitting the euro and sterling while the Chinese yuan retreated on...
Asia FX inches up ahead of US inflation, focus turns to China's policy meeting
-- Most Asian currencies inched higher on Wednesday as the dollar weakened ahead of a key U.S. inflation reading, while focus turned to China’s annual economic policy...
Sterling hits over two-year high against euro
The British pound has reached its highest level against the euro since April 2022, amid expectations that the Bank of England (BOE) will be less aggressive in cutting interest...