|
You are here : Home >> Currency Street >> Report |
|
|
| |
Yuan advances against dollar |
| |
|
|
| |
China’s currency, the yuan advanced against the greenback in avian trade Wednesday.
The yuan hit as high as 6.8275 versus the buck in early trade compared to Tuesday’s New York session close of 6.8290.
24-Hour Online Forex Trading. Start with FREE practice account
If the Chinese currency moves up further, 6.825 is seen as the next upside target level.
People's Bank of China has set Wednesday’s central parity rate for dollar-yuan pair at 6.8280. The pair is allowed to move 5% above or below the target rate.
|
|
|
| |
|
|
|
|
| FOREX Reports |
|
| |
US automakers against Yen, Won depreciation |
| |
.S. automakers urged Congress to challenge Japan and South Korea on the issue of currency devaluation, which influences export prices. South Korea has recently made moves to depreciate the value of the won, while Japanese officials said they were prepared to keep the yen from appreciating |
 |
| |
Asian currencies fall vs dollar |
| |
South Korea’s won and the Taiwan dollar dropped Thursday on speculation central banks will seek to limit appreciation that may hurt exports. |
|
| |
Euro mixed against major currencies |
| |
The European single currency unit, the euro showed mixed trading against other major currencies Thursday ahead of the release of the Euro-zone current account report for January. |
|
|
More> |
|
|
|
|
|
|
|
|
|
|
|
| |
|
| |
Gold prices recovered from its early downs in the mid London Thursday on the back of Greece debt concern. |
|
| |
|
| |
Mentha oil futures dipped Thursday as traders indulged in profit taking at higher levels, triggered by prevailed lower demand for the commodity in the spot market. |
|
| |
|
| |
Chana futures continued to trade down at the NCDEX counter Thursday due to the persistent selling on heavy arrivals in the spot market. |
|
|
More> |
|
|
|
|
|
| 
FeedBurner
