Chinese yuan renminbi news

Euro to Australian Dollar Exchange Rate Rebounds from Weekly Lows despite US-China Trade Hopes Euro to Australian Dollar Exchange Rate Climbs on Stronger Eurozone Data The Euro to Australian Dollar (EUR/AUD) exchange rate has spent recent sessions tumbling on weak Eurozone data and higher risk-sentiment. However, on Wednesday the pair rebounded slightly and its gains were bolstered by the latest E…

Improving US China trade news boosted European equities and the S&P 500 gapped higher. But momentum fell apart as Fed rate hike bets rose as a consequence. AUD/USD climb at risk.

The US Dollar Pound Sterling (USD/GBP) exchange rate is down today, and is currently trading at £0.7923, after GBP was strengthened by today’s release of October’s average earnings figures which showed a better-than-expected increase. USD, meanwhile, was hit by last week’s arrest of China’s comms giant Huawei’s Chief Financial... [...]

The second week of December promises a lighter economic calendar, although larger thematic influences (US-China trade war, Brexit, Fed hike cycle) remain in play.

GBP/NZD Exchange Rate Edges Back Above NZ$1.83 While Brexit uncertainty remains rife following PM Theresa May’s decision to cancel the parliamentary vote, the Pound was able to stabilise on Tuesday, with the Pound Sterling New Zealand dollar (GBP/NZD) exchange rate recouping almost 0.3%. The Pound’s recovery... [...]

Last week was a negative affair for the world’s major markets partially over renewed fears of a trade war intensification between the USA and China,

US yield curve inversion resulted in mixed ASEAN FX as USD fell and global stocks tumbled. Chinese economic activity could slow further, more rate hikes may be in store for PHP ahead.

Data prints coming out of China, Australia’s largest trading partner, may shake up AUD/USD as the region faces its slowest economic expansion since 2009.

Euro Australian Dollar (EUR/AUD) Exchange Rate Rises as Australia Hit by Global Trade Flare Up EUR/AUD Exchange Rate Up Despite Poor German Industrial Figures The Euro Australian Dollar (EUR/AUD) exchange rate is up, and is currently trading at AUD$1.5775, despite today’s release of Germany’s industrial figures for October showing a decrease. However the ‘Aussie’ was pummelled yesterday after US-C…

Wall Street stabilises after London and other major European stock markets fall more than 3%.

Today has seen global stock markets slump for a third day in a row, as there are fears fresh tensions between the US and China may emerge as the result of the arrest of tech giant Huawei’s chief financial officer, Meng Wanzhou in Vancouver, where she is facing extradition to the USA. Better-than-expected German factory order figures... [...]

German officials were reportedly pushing earlier this year for their government to follow other countries' lead and slap a ban on Chinese IT firm Huawei. But Berlin doesn't seem inclined to bow to US pressure.

German officials were reportedly pushing earlier this year for their government to follow other countries' lead and slap a ban on Chinese IT firm Huawei. But Berlin doesn't seem inclined to bow to US pressure.

The anti-risk Japanese Yen and Swiss Franc are aiming higher on fading hopes US/China trade war de-escalation after the arrest of Huawei CFO Wanzhou Meng.

Global stock markets continued a selloff that began on Tuesday as traders faced new fears about the continuing trade war between the U.S. and China.

China has demanded Canada release Meng Wanzhou, the daughter of Huawei's founder, who faces possible extradition to the US. The tech firm is being investigated for suspected violations of US sanctions on Iran.

Risk aversion engulfed financial markets as Wall Street was closed despite US China trade talk progress. CAD sunk on less hawkish BoC. Asia stocks may extend selloff as AUD weakens.