US Dollar Index (DXY) Posts Weekly Gain on Trump Tariff Progress
The US dollar will register a weekly gain as the greenback benefits from trade and foreign policy progress. The buck has had a terrible first-half,…
Posts Tagged: Exports
USD/CNH Dips As China Flirts With Deflation, Registers Drop in Exports, Imports
The Chinese yuan strengthened slightly on Tuesday against several currency counterparts as investors became ebullient about the country’s easing efforts. The yuan has had a…
Chinese Yuan Weakens After Imports Soar, Exports Ease in July
The offshore Chinese yuan weakened against the US dollar in the middle of the trading week following key trade data. Global financial markets have been…
Natural Gas Posts Modest Rise, Poised for Double-Digit Weekly Gain
Natural gas futures eyed $2 on Thursday despite a higher-than-expected US supply build. The energy commodity has had a strong week and is poised for…
USD/JPY Flirts With 155.00 As Japanese Policymakers Weigh FX Intervention
The Japanese yen further weakened against its US counterpart after the currency slumped to its lowest level in more than three decades. The yen has…
USD/CNH Rises on Hotter-Than-Expected Chinese Retail Sales, Industrial Output
The offshore Chinese yuan weakened against its major US counterpart after better-than-expected data came out of the world’s second-largest economy. The offshore yuan has been…
US Oil Prices Crash Below $79 on Disappointing Chinese Trade Data
Crude oil futures plummeted below $79 on Tuesday as Chinese economic data outweighed supply cuts from Russia and Saudi Arabia. The world’s largest energy importer…
Chinese Yuan Weakens After Exports Collapse for Sixth Consecutive Month in October
The offshore Chinese yuan weakened against its US counterpart on Tuesday after abysmal data coming out of the world’s second-largest economy. The yuan has been…