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.
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View live U.S. Dollar / Chinese Yuan chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well. 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. Dollar off 2-month peak, yuan gains on bond benchmark inclusion. Reuters TOKYO ... while the Chinese yuan gained after the country was added to a global bond benchmark. ... CNY: In currencies, this is the abbreviation for the China Yuan Renminbi. 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.
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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. 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... #yuan #forex #tradewar We provide fast and flexible access to over 16,000 financial markets – including indices, shares, forex and commodities – through our award-winning range of platforms ... Entrepreneur 🏙 💵 Forex Trader📈📉📊 Author📚 Be Phenomenal or be forgotten 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 ...