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/.
CNY: In currencies, this is the abbreviation for the China Yuan Renminbi. 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 - Yuan Continues to Fall Amid Trade Headlines; RBA in Focus . Add a Comment. Add a Comment. Comment Guidelines . We encourage you to use comments to engage with users, share your perspective ... This currency rates table lets you compare an amount in Chinese Yuan Renminbi to all other currencies. 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.
Entrepreneur 🏙 💵 Forex Trader📈📉📊 Author📚 Be Phenomenal or be forgotten 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... William discusses currency pairings CNY/USD, INR/USD, BRL/USD & RUB/USD. William tells viewers why he thinks the Chinese Yuan recently rose beyond 6.28 per dollar for the first time in 19 years. The Chinese currency notes consist of RMB 0.1, RMB 0.2, RMB 0.5, RMB 1, RMB 2, RMB 5, RMB 10, RMB 20, RMB 50, RMB 100. What are the frequently used coins in China? The Chinese currency coins ... 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...