The yuan sank on Wednesday as a new Sino-U.S. trade war shook Chinese markets returning from an extended Lunar New Year break ...
The yuan might still face more downward pressure, Maybank said, adding that China remains the only country that President Trump has allowed tariffs to take effect on, suggesting that China will still ...
Asia market update: Quieter day as CN returns from holiday and Trump/CN tariffs digested; USD/JPY weakens amid Trump ...
FILE PHOTO: U.S. President Donald Trump looks on as he holds a joint press conference with Israeli Prime Minister Benjamin ...
Bottom line: The tariff saga is far from over, and while today’s USD dip may look like a trend shift, the bigger picture still favors strong underlying dollar support—especially with April 1 looming.
China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than ...