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Tag: USD/CNY

Yuan weakness spooks China and Asia ex-Japan stock markets – MarketPulse

USD/CNH (offshore yuan) has surged to a 6-month high of 7.08. Since late Oct 2022, the movement of USD/CNH has had a high degree...

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Risk aversion remains strong

Asian markets ended mostly lower on Wednesday as...

US dollar remains firm but choppy

Dollar in choppy waters The US dollar held onto...

Risk-aversion lifts US dollar in Asia

China concerns boost the US dollar The US dollar...

US dollar holds onto overnight gains

The US dollar remained well-bid overnight, with losses versus the euro offset by gains versus Asian and Commonwealth currencies. The rise in US yields, and haven flows, continue to be supportive of the greenback, as do commodity prices, most of which are priced in US dollars. That left the dollar index trading sideways, easing 0.16% […]

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