Posts Tagged ‘Chinese’
HSBC completes first Chinese renminbi trade
HSBC completes first Chinese renminbi trade
HSBC Corporate Banking Ireland has completed its first cross-border Chinese renminbi (RMB) trade transaction this week, becoming the first bank to announce such a transaction in Ireland.
Read more on Irish Examiner
Chinese Yuan Rises to New High Against Dollar
Chinese Yuan Rises to New High Against Dollar
Surge comes as several US lawmakers push for tough measures on China for what they say is undervalued currency
Read more on Voice of America
Chinese currency declines against dollar
Chinese currency declines against dollar
The Chinese currency slipped yesterday in its second day of trading since Beijing promised increased flexibility in the exchange rate.
Read more on Winston-Salem Journal
The Euro and Commodity Currencies Rally as ECB Guarantees, Chinese Data Quiet Crisis Concerns
The Euro and Commodity Currencies Rally as ECB Guarantees, Chinese Data Quiet Crisis Concerns
Over the past six months the principal fundamental concern behind the bear market has evolved. What was originally a mere retracement on a overextended 2009 rally would evolve into fears over the health of the outperforming economies , then uncertainty surrounding sovereign credit risk with ballooning deficits and finally the specific concerns that the next financial crisis could spread from the …
Read more on Daily FX via Yahoo! Finance