Forex News » Chinese Yuan

Yen Rises on Chinese Government Statement

Jan Baros — Thu, 12 Nov 2009 12:05:19 +0000

After several days driven by risk appetite globally favoring high-yielding currencies and forcing commodities rates up, the rally was halted as China affirmed that the economic recovery is uneven, raising concerns among safeties and attracting them to the safety of the Japanese currency.(...)
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Yuan Falls as China Doesn’t Want Appreciation

Andrei Moraru — Tue, 26 May 2009 08:00:07 +0000

The Chinese yuan declined at a fastest pace during the last two months as the country’s central bank lowered the reference exchange rate to stimulate the exporting industry.(...)
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China Wants “Super-Currency” for Reserves

Andrei Moraru — Wed, 25 Mar 2009 08:24:03 +0000

China’s calls for creation of the super-national currency specifically for the global foreign exchange reserves state not only the Chinese point of view that the dollar is going to depreciate in the long-term perspective but also that China is going to play a major role in the process of creation of the new global financial structure.(...)
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Chinese Yuan Depreciates to July’s Levels

Andrei Moraru — Mon, 01 Dec 2008 09:29:09 +0000

The Chinese yuan fell to the weakest level since August today as the country’s government continued to manipulate its currency before the scheduled meeting with the U. S. Treasury Secretary.(...)
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Yuan Reaches Post-Peg Peak Against Dollar

Andrei Moraru — Tue, 23 Sep 2008 07:42:21 +0000

The Chinese yuan rose today to its new highest level against the dollar as the Forex traders reacted on the U.S. bank-rescue plan of dumping $700 billion into the economy that will hurt some important macroeconomic statistics and increase the supply of dollars.(...)
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Chinese Yuan May Slowdown on Lower CPI

Andrei Moraru — Wed, 10 Sep 2008 09:52:39 +0000

The Chinese yuan traded almost unchanged in price against the U.S. dollar today after posting a significant gain yesterday on speculations that the central bank will reduce the currency’s appreciation rate as the inflation returns to its normal values.(...)
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China’s Yuan Heads for 4th Weekly Loss

Andrei Moraru — Fri, 15 Aug 2008 08:18:00 +0000

The Chinese yuan is currently heading for its fourth weekly decline against the U.S. dollar for the first time since the end of the peg to dollar in 2005.(...)
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Yuan Falls as China to Control Money Inflow

Andrei Moraru — Thu, 07 Aug 2008 09:02:15 +0000

The Chinese yuan fell against the U.S. dollar for the third day this week as the government tightened control over the illegal capital inflow into the country’s financial system.(...)
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Yuan Declines for a First Time since Monday

Andrei Moraru — Thu, 17 Jul 2008 18:01:41 +0000

The Chinese yuan showed the first declining day since Monday on Forex today as the traders were driven by the speculations that the government will let national currency weaken slightly to support exporters.(...)
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Chinese Yuan at New High vs. Dollar

Andrei Moraru — Thu, 10 Jul 2008 08:41:13 +0000

The Chinese yuan continued its general appreciation trend today and rose against the U.S. dollar and other major currencies as the traders believed that the central bank will continue to use stronger yuan in its anti-inflation policy.(...)
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