Tag Archives: Yuan

28.02.14

Sterling Hits Two Week High vs Dollar & Euro

Pound trades higher on improving UK economic data China’s yuan tumbles the most on record Dollar posts losses vs majors as S&P trades near record high Crude oil falls as the yen gains against the dollar

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Categories: Market Commentary.

25.02.14

Sterling Holds Gains vs Dollar Ahead of Key UK Economic Data

Cable stands firm ahead of UK GDP data due tomorrow Euro falls against most major rivals on speculation ECB may add stimulus Dollar slides vs majors as risk appetite improves and equities rally Chinese Yuan slides most in 22 months … Continue reading

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Categories: Market Commentary.

08.09.11

London could become offshore trading centre for the yuan

The FT has reported that China is to give its formal backing for London to become an offshore trading centre for the yuan. The move would boost the capital’s position as a major currency and commodities centre.