Yuan

© Reuters. Investing.com – U.S. dollar gained on Wednesday in Asia after Federal Reserve Chairman Jerome Powell delivered an upbeat assessment of the economy, though he did acknowledge there were some headwinds. In the first of a two-day Congressional address at the Senate Committee on Banking, Powell said the central bank is in “no rush
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© Reuters. FILE PHOTO: Illustration photo of a China yuan note SHANGHAI (Reuters) – China published a five-year blueprint on Friday seeking economic and financial integration between southern Guangxi province and Southeast Asia, representing Beijing’s latest effort to promote international use of the yuan currency. China’s state council, or cabinet, has agreed to build Guangxi,
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© Reuters. As Bullish Yuan Bets Pile Up, Jefferies FX Head Preaches Caution (Bloomberg) — Currency traders are the most bullish on the in about eight years. Jefferies LLC warns that enthusiasm may be premature. As “in-depth” U.S.-China trade negotiations wrapped up Wednesday on a positive note, one-month dollar-offshore yuan risk reversals — a put-call
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