News China Dollar: China is coming, slowly, for the dollar
Atlantic Council data shows the dollar still dominates trade and FX, but China's competitor is gaining ground.
News China Dollar: Dollar Strengthens with T-Note Yields
The dollar index (DXY00 ) rose by +0.07% on Friday. The dollar found support Friday from higher T-note yields, which strengthened the dollar’s interest rate differentials. Dollar gains were limited, however, after the University of Michigan US Oct consumer sentiment index fell more than expected to a 5-month low. Also,...
News China Dollar: House China committee chair urges Fed to review Hong Kong’s access to dollar lifeline
Rep. John Moolenaar wants the Fed to rethink Hong Kong’s access to a dollar-liquidity facility as China promotes the yuan as a global currency.
News China Dollar: China Builder Guangzhou R&F Set to Avoid Dollar Bond Default
Chinese developer Guangzhou R&F Properties Co. succeeded in delaying payment on a dollar bond due Thursday despite buying back only 16% of the note, underscoring the company’s liquidity shortage.
News China Dollar: Top China Fund Manager Is Buying Developers’ Dollar Bonds Again
A top-performing Chinese fund manager is buying dollar bonds of the country’s developers after offloading them last year, betting that authorities will soon unleash further measures to support the ...
News China Dollar: China's yuan off 2-week high on weaker-than-expected fix and economic slowdown
China's yuan briefly touched a fresh two-week high against a weaker dollar on Thursday before giving back all the intraday gains, dragged lower by a softer-than-expected official midpoint fixing and ...
