After a roller-coaster year, China’s yuan looks set for a steadier 2020, boosted by the limited trade deal between the U.S. and China that canceled some planned tariffs and cut some existing levies.
Foreign exchange is the largest and most liquid financial market, with nearly $10 trillion changing hands daily. It’s the underpinning for global trade and finance—and its structure is changing as ...
There could be further large swings in the yen against the U.S. dollar and the Australian dollar this week, CBA said. The dollar was lower against a basket of currencies. Societe Generale said ...