Category: All Category

25 Aug

PBOC sets yuan parity at 6.6579 vs dollar, slightly weaker

Investing.com – The People’s Bank of China set the yuan mid-point at 6.6579 against the dollar on Friday, slightly weaker compared to the previous close of 6.640. The China Foreign Exchange Trade System sets the weighted average of prices given by market makers. The highest and lowest offers are excluded from the calculation. The central […]

25 Aug

Forex – Dollar gains further against yen after Japan CPI as expected

Investing.com – The dollar gained further against the yen in Asia on Friday with consumer prices data in Japan meeting expectations and a pair of speeches on Friday by the Fed chair and ECB president highly awaited. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose 0.02% […]

24 Aug

Dollar regains some footing after falling on Trump’s comments

By Masayuki Kitano SINGAPORE (Reuters) – The dollar edged higher against the yen on Thursday, paring some of the losses it suffered after U.S. President Donald Trump suggested a shutdown of the government was possible and threatened to terminate the North American Free Trade Agreement. Trump warned late on Tuesday he might end the NAFTA […]