The Australian dollar started the week falling due to concerns about economic slowdown in China as well as because of the general risk-aversion sentiment on the Forex market, which persisted since the last week.
July 21st, 2014 at 17:47
July 09th, 2014 at 11:51
The Chinese yuan gained on the US dollar today even though macroeconomic reports from the Asian nation were not particularly good, feeding concerns about slowdown of the world’s second-biggest economy.
June 17th, 2014 at 13:28
The Vietnamese dong fell today, but central bank officials are certain that the currency’s exchange rate should remain stable over the longer term. One of the reasons for such outlook is the limited Vietnam’s exposure to the Chinese banking sector.
June 10th, 2014 at 15:29
The Chinese yuan gained today as faster-than-expected inflation eased fears about economic slowdown in the Asian country. Today’s positive data followed the report about trade balance that was released over the weekend and was also better than forecasts.
June 06th, 2014 at 8:25
The Chinese yuan advanced today as the nation’s central bank boosted its reference rate after the US dollar demonstrated a big drop despite the earlier rally.
June 03rd, 2014 at 0:50
The Australian dollar fell yesterday and remained soft today, even though the Aussie trimmed its losses against some currencies. The good manufacturing report from China was not able to help the Australian currency as domestic data was not particularly supportive.
May 29th, 2014 at 14:31
The Australian dollar is moving higher today, gaining almost across the board on the latest business investment data. The idea that, perhaps, the Australian economy doesn’t need to rely so heavily on China is helping boost sentiment toward the Aussie right now.
May 28th, 2014 at 12:00
The Chinese yuan fell today, demonstrating the biggest drop since March, as the nation’s central bank set the daily fixing lowest since September due to concerns about slowing economic growth.
May 22nd, 2014 at 10:57
The Japanese yen retreated today as better-than-expected macroeconomic data from China convinced traders to drop their risk-negative attitude and buy high-beta currencies.
May 19th, 2014 at 13:48
US dollar is heading lower today, falling back after the latest Chinese data. Growth concerns in China are weighing on the markets, but that isn’t helping the greenback. Instead, the US dollar is lower almost across the board.