Bitcoin Extends Loss After China’s Central Bank Warns Investors Bitcoin extended Friday’s tumble amid concern China will tighten rules on the digital currency to curb capital...
Offshore Yuan Falls for Second Day The yuan’s volatile start to 2017 showed no signs of abating, with the offshore currency tumbling for a second day...
Forex Weekly Outlook January 9-13 The U.S dollar rebounded last week after job data showed the economy added just 156,000 jobs in December. Even though, this...
Yuan Pares Record Rally The offshore yuan pared its record weekly rally as China’s central bank raised its daily fixing less than projected and some analysts...
Trader Who Bet on Gradual Yuan Decline Now Sees Steeper Drop Last year, Benjamin Fuchs’s $2 billion hedge fund prospered by betting against a sudden yuan...
China Sets Biggest One-day Yuan Rate Increase Since 2005 China on Friday (Jan 6) raised the exchange rate for the yuan against the US dollar by...
Offshore Yuan Drops on PBOC Move; Japan Shares Fall China’s offshore yuan slumped after the central bank strengthened its currency fixing by the most in more...
Yen Extends Gains as Stock Rally Fades After Fed The yen extended gains and a stock rally fizzled as traders in Asia digested minutes from the...
Naira Closes Flat on First Trading Day The Nigerian Naira closed flat on the first official trading day of the year. The local currency closed at...
Investment Banks Disagree on Oil Price Recovery in 2017 Global investment banks have differed on their forecasts on the recovery of crude oil prices in 2017,...