China fixed the renminbi at its lowest level since September 2023 as a stronger US dollar, investor disappointment over the ...
A recent Oliver Wyman survey found that Chinese travelers are not only spending less on luxury goods, but also turning to ...
From my perspective, the "east wind" — which in Chinese culture symbolizes the catalyst for a major change or a harbinger of ...
JD.com (JD) reported better-than-expected third-quarter results on Thursday buoyed by revenue gains in its retail and logistics operations amid improving consumer sentiment. The Chinese e-commerce ...
President-elect Donald J. Trump often says he prefers a weaker dollar, but economists and investors think his proposed ...
In support of renminbi internationalization, Beijing announced plans to develop Shanghai as a global financial center and established offshore yuan trading hubs in Hong Kong, Singapore and London.
The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and with limited risks of one-sided and substantial appreciation ...
"Focus on Trump trade proxies, bitcoin and the renminbi to gauge how the election is preceding," he advised clients in a Tuesday note. Trump is seen as bullish for bitcoin, as he has made wide-ranging ...
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Market Vectors Chinese Renminbi/USD ETN (NYSEARCA:CNY – Get Free Report) crossed above its fifty day moving average during trading on Thursday .The stock has a fifty day moving average of $44.25 ...
Market Vectors Chinese Renminbi/USD ETN Trading Up 1.4 % The company’s 50 day moving average is $44.25 and its 200-day moving average is $44.25. Featured Stories ...
The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and with limited risks of one-sided and substantial appreciation, said a ...