President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now ...
China's renminbi hit a 16-month low amid fears of US tariffs under Trump, despite the PBoC maintaining steady daily rates.
China’s primary goal is to damage America’s economy and pave the way for it to become the world’s pre-eminent power.
In August of that chaotic year for Asia’s biggest economy, President Xi Jinping’s team announced a nearly 3% downshift in the ...
MUFG expects USD/CNY to strengthen to 7.50 in mid 2025 before a retreat to 7.40. Goldman Sachs and UBS both forecast 7.50 at the end of 2025.
The United States and China appear destined for a military conflict, with bellicose rhetoric on both sides, an escalating ...
In a clear signal that it is not willing to join the US-China currency war, India today said the foreign exchange adjustment is best be left to the sovereign governments. Advisory Alert ...
China’s yuan slid the most in a week following a report that Beijing is considering allowing the currency to weaken next year in response to the threat of a trade war with the US. The offshore ...
Paused rate cuts and full-blown currency wars await markets ... in Europe and China would amplify dollar strength, while escalating tensions could force the US to counteract, intentionally or ...
the United States and Japan China's shock 2% devaluation of the Yuan pushed the dollar higher and raised the prospect of a new round of currency wars, just as Greece reached a new deal to contain ...