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: Imports
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…
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…
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…
USD/CNY Falls After China’s Inflation Comes in Lower Than Consensus Estimates
The Chinese yuan strengthened against its US counterpart in the Asian trading session in the middle of the week, driven by smaller-than-expected inflation data. For…
US Dollar Posts Modest Gains As Interest Rates Expected To Go Higher
The US dollar posted modest gains in the middle of the trading week as investors continue to pencil in higher interest rates following Federal Reserve…