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World s FX Traders as Much at Mercy of Yuan as the Dollar

(Bloomberg) China watchers calling for Beijing to loosen its grip on the besieged yuan need to be mindful of the risk that it unleashes a chain reaction rocking emerging- and developed-market currencies alike, according to some strategists.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will StickChinese Cement Maker Halted After 99% Crash in 15 Minu

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Beware what you wish for: calls for China to loosen grip on the yuan may rock emerging and developed markets alike, strategists say

Beware what you wish for: calls for China to loosen grip on the yuan may rock emerging and developed markets alike, strategists say
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World s FX Traders Are as Much at Mercy of Yuan as the Dollar

World s FX Traders Are as Much at Mercy of Yuan as the Dollar
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Rate-cut delays could mean dollar stays stronger for longer

Many analysts and fund managers have been anticipating that the dollar would fall this year as the Fed starts to cut interest rates, but rate-cut expectations have been trimmed back sharply recently. US elections and geopolitical uncertainty could also lift the currency.

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Dollar steady ahead of jobs data; yen hits two-week high - Markets

TOKYO: The US dollar held steady against peer currencies on Friday after rebounding from a two-week low, as traders.

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