- Currency carry trade losses may bolster dollar
Falling demand for carry trades may help the greenback extend a rally that drove IntercontinentalExchange's US dollar index up 4.5% from it...
- Dollar defies sceptics as best-returning asset
The dollar proved to be last month’s best investment, beating stocks, bonds and commodities, confounding officials around the world who sai...
- Dollar defies sceptics as best-returning asset
The US Dollar Index, which tracks the currency against those of six major US trading partners, including the euro, yen and pound, rose 5.2%...
- China raises reserve bar for banks again
China ordered banks to set aside larger reserves for the fifth time this year, draining cash from the financial system.
- China' Dagong lowers US rating on Fed QE
China's Dagong Global Credit Rating Co reduced its credit rating for US to A+ from AA, citing a deteriorating intent and ability to repay d...
- China slightly shifts yuan rate after G20 pressure
China on Monday set its yuan exchange rate marginally higher following the Group of 20 summit, but analysts warned the shift was symbolic a...
- China's GDP to slow down in second half
China's economic growth would slow down in the second half of this year, ending its double-digit increase in the first quarter, a top Chine...
- Yuan eases vs dollar in NDFs, near 14-mth high vs euro
The yuan slipped against the dollar in the offshore forwards market for a second session on Wednesday as enthusiasm over a $1 trillion euro...