Yuan slips on trade-war anxiety, yen jumps

Yuan slips on trade-war anxiety, yen jumps after wage data
The yuan fell on Wednesday as a new U.S.-China trade war dented Chinese markets returning from an extended Lunar New Year break, while the yen jumped against the dollar as traders raised their bets on Bank of Japan rate hikes this year.
Yuan Extends Loss With China Proxies as US Trade War Reignites
The offshore yuan extended losses with regional peers, as China and the US slapped tariffs on each others’ exports as the trade war came to life.Most Read from BloombergNew York’s First ‘Passive House
China keeps yuan stable against US dollar: what it means for the trade war
China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined to do so.
Yuan slumps on trade-war anxiety; yen jumps
The yuan sank on Wednesday as a new Sino-U.S. trade war shook Chinese markets returning from an extended Lunar New Year break, while the yen jumped on rising bets of further Bank of Japan (BOJ) rate hikes this year.
China May Loosen Grip on Yuan If Trump Reignites Trade War
Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting authorities to relax their tight grip, if Donald Trump’s tariffs go into effect.
Yuan Drops Amid Renewed U.S.-China Trade War as Yen Surges on BOJ Rate Hike Bets
The yuan weakened on Wednesday as escalating U.S.-China trade tensions rattled Chinese markets post-Lunar New Year. The dollar surged over 0.5% against the yuan to 7.2856, despite the Peoples Bank of China (PBOC) setting
Dollar slides as trade war risk recedes, yen rallies
The U.S. dollar fell to its lowest in more than a week on Wednesday as investor nerves about a global trade war abated, while the Japanese yen rallied on the back of strong wage data.
China Maintains Yuan Support Via Daily Fixing Amid Trade War
China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than 7.2 per dollar, as escalating trade tensions with the US add to the depreciation pressure on the yuan.
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Yuan eases as China challenges Trump tariff at WTO
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Chinese Yuan May Still Face More Downward Pressure
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China's Spring Festival holiday box office hits record high of 9.51 billion yuan
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