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Investing.com – The People’s Bank of China set the yuan mid-point at 6.6601 against the dollar on Monday, compared to the previous close of 6.6666, the strongest since Sept. 22, 2016 and the fifth-straight higher fixing. The China Foreign Exchange Trade System sets the weighted average of prices given by market makers. The highest and […]
Investing.com – The yen weakened on Monday in Asia after better that expected GDP led investors to back off on recent gains slightly as tensions on the Korean peninsula remain in focus and after China data showed some weakness. In China, fixed-asset investment rose 8.3%, compared with a 8.6% gain seen in July on year along with industrial […]
Investing.com – The dollar dipped against the yen in Asia on Friday as rhetoric between Pyongyang and Washington continues to escalate over calls for North Korea to abandon its nuclear and missile programs. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, fell 0.04% to 93.26. USD/JPY changed hands […]