Tag: yuan vs dollar

Stocks largely declined on Tuesday as markets became increasingly uncertain as to whether the Federal Reserve's interest rate hiking agenda will come to an end. S&P 500 futures slumped by 0.3% and Nasdaq 100 futures fell by 0.2%. In Europe, futures on the Euro Stoxx...

U.S. and European stocks rose while the U.S. dollar slumped to a two-week low following the release of improving Chinese economic data and positive comments from Treasury Secretary Janet Yellen. The U.S. official explained that she is becoming increasingly confident that the U.S. will...

The US dollar rose on Thursday as investors gain confidence from signs of increased resilience from the US economy. The Federal Reserve published its "Beige Book" on Wednesday, showing that economic growth remained stellar, job growth was curbed, and inflation cooled. Both the euro and...

The dollar remained on course for a weekly loss on Friday, bringing an end to a six-week winning streak, as investors braced themselves for the U.S. jobs report set to be released later in the day. This data on the labor market is expected...

The U.S. dollar headed for a two-month high following a fifth consecutive weekly gain in what is the currency's longest winning streak in the past 15 months. The dollar has been increasingly viewed as a safe haven as investors seek refuge amid concern regarding...

U.S. bonds and the dollar were on the rise on Friday following the release of the May monthly jobs report. Non-farm payrolls rose by 339,000, thereby exceeding expectations of a rise of 190,000 payrolls. The U.S. benchmark 10-year Treasury yield rose 4 basis points to...