Tether has launched its Chinese yuan-backed stablecoin, which it revealed will run on top of the ethereum blockchain as an ERC-20 token. The stablecoin issuer said in a brief blog post Monday that the ...

China's yuan extended losses against the dollar on Thursday, after posting its biggest monthly drop since August 2019, dragged lower by broad strength in the greenback in global markets. SHANGHAI, ...

SHANGHAI, March 31 (Reuters) - China's yuan bounced from a four-month low against the dollar on Wednesday as strong economic data helped stabilise market sentiment, but the local currency remained on ...

China's yuan edged up on Wednesday underpinned by tighter cash conditions, but a rebound in the U.S. dollar has set the currency on course for its biggest monthly drop since August 2019. SHANGHAI, ...

LONDON, May 13 (Reuters) - China's yuan was set for its worst daily fall in nine months on Monday as trade negotiations between the U.S. and China ended after President Donald Trump raised tariffs on ...

The yuan’s recent slide risks re-igniting one of U.S. President Donald Trump’s favorite criticisms of China: that Beijing weakens its currency to aid exporters. While analysts say the exchange rate is ...

The People's Bank of China set the daily yuan fixing higher than analysts expected, raising the yuan per US dollar back above 7, a key level. China denied accusations that it manipulates its currency ...

A PRINCIPLE FOLLOWED by traders who speculate on short-term movements in market prices is “cut your losses early”. This doctrine finds expression in the stop-loss—an order to sell a security, such as ...

China's yuan is used more in trade finance than the Japense yen and the Great Britain pound, but it is light years behind the almighty dollar, the gold standard of globalization. Remember when the ...