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Chinese Yuan news

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China's yuan strengthens again, hits strongest level since February
(Adds quotes, details and background) SHANGHAI, May 26 China's yuan on Friday extended the previous day's big gain, hitting its strongest level in more than three months, and the Chinese currency was on track for its best week since mid-January.
China Considers Changing Yuan Fixing Formula to Curb Swings  Bloomberg
Chinese yuan rises to highest in nearly 2 months  Nasdaq
Why the US has changed its tune on the yuan
Steve Mnuchin, the US Treasury Secretary, testifying in a senate banking committee hearing, said something positive about China. In response to a question from the floor about why the US has yet to name China a currency manipulator - an often repeated ...
China Is Using the Yuan to Combat Risk of a Market Meltdown  Bloomberg
Chinese yuan weakens to 6.8786 against USD  Xinhua
Why the Chinese Yuan Won't Be the World's Reserve Currency
But what does a currency have to be or do to become the world's reserve currency? Will the yuan ever qualify, and is the Chinese leadership pushing to replace the dollar? According to a report by investment bank Natixis, there are four functions a ...
Chinese yuan strengthens to three-month high against USD  Shanghai Daily (subscription)
China's yuan firms vs dollar, but falls to lows against currency basket  Economic Times
China's yuan weakens on strong corporate demand for dollars
Tuesday's midpoint pulled the index for the yuan's value based on a trade-weighed basket to 92.14 from 92.29 a day earlier, its lowest since the measure was inaugurated in late 2015, according to Reuters calculations based on official data from the ...
China's Deleveraging Puts the Yuan Closer to a Free Float  Bloomberg
Chinese yuan strengthens to 6.8661 against USD Tuesday  Xinhua
Chinese Yuan (CN�) US Dollar ($)(CNYUSD)
A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are “high,” it may be the first sign of a top.
Chinese Yuan Takes Yet Another Big Hit Due To Downgraded Moody's Rating
While the cryptocurrency world is in a frenzy, it is good to look at the traditional financial sector. The Chinese Yuan has started yet another value decline over the past few hours.
Asian shares, Aussie dollar, yuan down after Moody's downgrades China  Business Insider
Chinese Yuan Falls After Moody's Downgrade  FX Empire
Chinese Yuan: Credit Suisse Cuts Forecasts
The Chinese government's focus on currency stability seems to signal its desire to keep the pair below 6.90, at least until the 19th Party Congress, while USD softness vs the EUR is biasing the pair to the downside.
Chinese investors aren't buying PBOC's yuan fix
The People's Bank of China on Wednesday fixed the yuan at 6.8635 to the dollar, the strongest since Feb. 17, only to have it weaken to 6.88 within minutes of the 9:30 a.m.
China's yuan eases on dollar demand, at new lows vs currency basket  Nasdaq
Chinese Yuan (CN�) US Dollar ($) (CNYUSD) China and The World's Reserves
Credit Suisse has cut its forecast for the Chinese yuan as Beijing sharpens its focus on currency stability. The bank cut its 3-month forecasts for the yuan against the U.S.
Chinese yuan, Indian rupee forecast to fall over coming year: Reuters poll
BENGALURU The Chinese yuan and Indian rupee are expected to weaken against the dollar over the coming year, a Reuters poll found, with the greenback supported by U.S.