The euro halted a five-week slide against the dollar after comments from Federal Reserve Chairman Kevin Warsh were interpreted as supporting the case for the US central bank to keep interest rates on hold this month.
The euro halted a five-week slide against the dollar after comments from Federal Reserve Chairman Kevin Warsh were interpreted as supporting the case for the US central bank to keep interest rates on hold this month.
Switzerland’s Lombard Odier Investment Management has turned overweight US Treasuries for the first time in at least five years, seeing the higher yields as increasingly attractive compared to stocks.
Switzerland’s Lombard Odier Investment Management has turned overweight US Treasuries for the first time in at least five years, seeing the higher yields as increasingly attractive compared to stocks.
China’s relentless drive to keep the yuan stable is crippling activity in the offshore currency derivatives market, depriving foreign investors of trading opportunities and leaving them exposed should volatility return.
China’s relentless drive to keep the yuan stable is crippling activity in the offshore currency derivatives market, depriving foreign investors of trading opportunities and leaving them exposed should volatility return.
The yuan advanced after China’s central bank signaled its comfort with the currency’s strength by setting the daily reference rate below 6.80 per dollar for the first time since 2023.
The yuan advanced after China’s central bank signaled its comfort with the currency’s strength by setting the daily reference rate below 6.80 per dollar for the first time since 2023.
China is taking another step in its longstanding push to build a more global currency, bringing its domestic and offshore yuan markets a little closer together.
China is taking another step in its longstanding push to build a more global currency, bringing its domestic and offshore yuan markets a little closer together.
China is allowing some banks to offer higher interest rates on corporate US dollar deposits, according to people familiar with the matter, a move that may damp the yuan’s recent gains by encouraging companies to slow their currency conversion.
China is allowing some banks to offer higher interest rates on corporate US dollar deposits, according to people familiar with the matter, a move that may damp the yuan’s recent gains by encouraging companies to slow their currency conversion.
Top Chinese insurers have made their first purchases of yuan-denominated offshore bonds through an expanded southbound investment program, according to people familiar with the matter, capitalizing on changes that encourage more capital into Hong Kong’s market.
Top Chinese insurers have made their first purchases of yuan-denominated offshore bonds through an expanded southbound investment program, according to people familiar with the matter, capitalizing on changes that encourage more capital into Hong Kong’s market.
It’s been a source of intrigue and confusion among currency traders for years. Just how does China decide each day where it’s going to set its fixing rate for the yuan — a reference point that determines its permitted trading range for the next session?
It’s been a source of intrigue and confusion among currency traders for years. Just how does China decide each day where it’s going to set its fixing rate for the yuan — a reference point that determines its permitted trading range for the next session?
The People's Bank of China (PBOC) headquarters in Beijing, China, on Wednesday, June 18, 2025. PBOC Governor Pan Gongsheng laid out in the clearest terms yet his vision for the future of a new global currency order after decades of dollar dominance, predicting a more competitive system will take root in the years to come.
The yuan’s continued strength is exerting pressure on Chinese exporters on a scale rarely seen in recent years, complicating Beijing’s efforts to manage the pace of currency gains.
The yuan’s continued strength is exerting pressure on Chinese exporters on a scale rarely seen in recent years, complicating Beijing’s efforts to manage the pace of currency gains.
The yuan’s continued strength is exerting pressure on Chinese exporters on a scale rarely seen in recent years, complicating Beijing’s efforts to manage the pace of currency gains.
The yuan’s continued strength is exerting pressure on Chinese exporters on a scale rarely seen in recent years, complicating Beijing’s efforts to manage the pace of currency gains.
Global central banks’ use of the People’s Bank of China’s swap lines reached a two‑year high in the first quarter, underscoring rising international demand for the Chinese currency.
Global central banks’ use of the People’s Bank of China’s swap lines reached a two‑year high in the first quarter, underscoring rising international demand for the Chinese currency.
One-hundred yuan banknotes arranged in Shanghai, China, on Tuesday, Jan. 7, 2025. China maintained a tight grip on the yuan with its daily reference rate, as an overnight rally in the dollar threatened to derail sentiment toward the managed currency and its Asian peers.
The yuan is likely to face its seasonal weakness sooner than usual this summer, say analysts, as Chinese firms seek to lock in favorable exchange rates ahead of a record dividend payout in June.
The yuan is likely to face its seasonal weakness sooner than usual this summer, say analysts, as Chinese firms seek to lock in favorable exchange rates ahead of a record dividend payout in June.
The yuan is likely to face its seasonal weakness sooner than usual this summer, say analysts, as Chinese firms seek to lock in favorable exchange rates ahead of a record dividend payout in June.
The yuan is likely to face its seasonal weakness sooner than usual this summer, say analysts, as Chinese firms seek to lock in favorable exchange rates ahead of a record dividend payout in June.
Foreign-exchange losses from yuan conversions are weighing on Chinese companies’ profits, underscoring the currency’s strength as an emerging risk for earnings.
Foreign-exchange losses from yuan conversions are weighing on Chinese companies’ profits, underscoring the currency’s strength as an emerging risk for earnings.
China’s central bank is using its daily reference rate to temper the yuan’s rally as the currency’s outperformance during the Iran war fuels further bullish sentiment.
China’s central bank is using its daily reference rate to temper the yuan’s rally as the currency’s outperformance during the Iran war fuels further bullish sentiment.
China’s resilience to the economic impact of the Iran war and a burgeoning domestic recovery offer the potential for the yuan to break out of a seasonal pattern for losses in the second quarter.
China’s resilience to the economic impact of the Iran war and a burgeoning domestic recovery offer the potential for the yuan to break out of a seasonal pattern for losses in the second quarter.
Chinese one-hundred yuan banknotes. Photographer: Lam Yik/Bloomberg
China’s resilience to the economic impact of the Iran war and a burgeoning domestic recovery offer the potential for the yuan to break out of a seasonal pattern for losses in the second quarter.
China’s resilience to the economic impact of the Iran war and a burgeoning domestic recovery offer the potential for the yuan to break out of a seasonal pattern for losses in the second quarter.
Chinese one-hundred yuan banknotes. Photographer: Lam Yik/Bloomberg
AnmeldenBloomberg Economics
Bloomberg Markets
Bloomberg Technology
