Yuan, Australian dollar gain on upbeat China factory survey
This is the best tl;dr I could make, original reduced by 66%. (I'm a bot)
TOKYO - A surprise improvement in Chinese factory activity supported the yuan and Australian dollar on Monday, and provided a broader boost to global investor confidence, helping the dollar gain against the safe-haven yen. That pushed the Australian dollar, often seen as an investment proxy for Chinese economic prospects, 0.15 percent higher to $0.7107. The Chinese yuan also gained 0.2 percent in offshore trade to 6.711 to the dollar. The U.S. dollar rose 0.15 percent to 110.93 yen, extending its advance from the 1-1/2-month low of 109.70 it touched a week ago. The Mexican peso gained 0.4 percent to 19.347 to the dollar while the South African rand gained more than 1.2 percent to 14.317 per dollar. The Turkish lira eased 0.9 percent to 5.591 per dollar after President Tayyip Erdogan's ruling AK Party was set to lose control of the capital Ankara for the first time in a local election and he appeared to concede defeat in the country's largest city, Istanbul.
Summary Source | FAQ | Feedback | Topkeywords: dollar#1percent#2low#3Chinese#4trade#5 Post found in /worldnews. NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
Nearly all the Asian currencies are slipping on the Forex trading markets during Corona. Starting from the Chine Yuan, the recession seems to hit hard all the currencies. It is to make a cautious approach to trading. Learn everything at http://dominion24.esy.es/register-for-webinar/.
See both the current exchange rate for Chinese Yuan Renminbi (CNY) and the currency's historical development over time against the Swedish Krona. You can choose your own time span in the CNY/SEK graph from 2012 to today's date. We also list the countries where CNY is primarily used currency. Yuan Currency Futures and Forex Trading . Investors wishing to maximize investment in the yuan through the use of leveraged investments may consider currency futures or forex market trading ... The onshore yuan rose to 6.8969 per dollar, the highest since Jan. 22. Offshore, the yuan briefly hit 6.8935, its strongest since Jan. 21. China’s currency has recovered all of its losses since ... FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. CNY: In currencies, this is the abbreviation for the China Yuan Renminbi.
The Yuan is back in the news today - You’ve heard a lot about China devaluing its currency today. USA TODAY reporter Kaja Whitehouse, who speaks Mandarin, is... I made this, after hearing many people in all forms of media calling it "Yawn" and "Wahn" and other aberrations. I never complained, because it's not their n... Entrepreneur 🏙 💵 Forex Trader📈📉📊 Author📚 Be Phenomenal or be forgotten The US has labeled China a currency manipulator, cranking up trade tensions between the world's two biggest economies. The decision contributed to uncertaint... Chinese currency explained - Duration: 6:16. huddlpj 48,244 views. 6:16. Mix Play all Mix - Georges Non-Stop YouTube; FAKE money in China, is it really a big problem? ...