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(Bloomberg) — Traders will be watching to see what Chinese policymakers do to defend the yuan after it tumbled past a key level against the dollar. The yuan sank as much as 1.1 percent in overnight offshore trading to 6.7249, its biggest loss since January 2016, as a trade conflict with the U.S. worsened. When […]
By Daniel Leussink TOKYO (Reuters) – The dollar steadied near a six-month high against the Japanese yen and held firm against its major peers on Thursday after the latest U.S. economic data reaffirmed expectations that the Federal Reserve will hike interest rates two more times this year. While financial markets remained vexed by risks of […]
NEWS | 30 minutes ago By Joshua Gibson Share on Twitter Share on Facebook Share on Linkedin Sterling back on the rise against the Japanese Yen as market tensions see bullish traders looking to step back into markets after this week’s tariff announcements. The Guppy is continuing to push off from the last technical low set three weeks […]