Stay updated with Chinese yuan tagged currency news, market trends, and exchange rate insights to make informed financial decisions.
The US dollar has fallen to a three-year low, influenced by Trump policy back flips plus concerns over the Federal Reserve's independence. Analysts suggest a long-overdue correction due to overvaluation and trade tensions.
The Swiss franc has experienced a significant surge, reaching a decade-high against the U.S. dollar, following President Donald Trump's announcement of increased tariffs on Chinese imports. This development has intensified market volatility and heightened demand for safe-haven assets.
The Chinese yuan has weakened following the United States' decision to impose a 125% tariff on Chinese imports, prompting the People's Bank of China to intervene to stabilize the currency.
The global currency landscape is experiencing notable shifts as the euro strengthens against major currencies, influenced by economic policies, geopolitical events, and fluctuating oil prices.
Markets have shifted focus to the interest rate policies of other major central banks rather than the Federal Reserve.
USD sinks as global currency markets react to slowing US inflation, prompting a surge in other major currencies and a potential end to the Federal Reserve's tightening cycle.
Fears Chinese mega developer Evergrande’s collapse will spark a contagion event and the ongoing European gas crisis has hit confidence.
Chinese fintech giant Ant Financial has acquired British payments specialist WorldFirst for an undisclosed amount.
The exchange rate forecast for the Malaysian Ringgit (MYR) against the Chinese Yuan (CNY) reflects a complex interplay of geopolitical factors, recent trade...
The current exchange rate forecast for SGD to CNY reflects a challenging environment influenced by heightened trade tensions and economic uncertainties.
The exchange rate forecast for CAD to CNY highlights the intertwined nature of the Canadian dollar's performance with oil price fluctuations and the Chinese...
The recent exchange rate forecasts for AUD/CNY indicate a complex interplay of domestic and global factors impacting both currencies.
The EUR/CNY exchange rate has recently shown significant volatility, trading at 8.2453, which is 4.6% above its three-month average of 7.8845.