FXMM - Asia

Yuan firms as authorities steps to reduce epidemic’s economic impact

Yuan firms as authorities steps to reduce epidemic’s economic impact

The onshore yuan rose 0.17pc to 6.9760 per dollar by midday, while the offshore yuan was trading 0.21pc stronger at 6.9781. The People's Bank...

Yen edges up on virus woes, euro hounded before GDP data

Yen edges up on virus woes, euro hounded before GDP data

The Chinese yuan nursed losses as the flu-like virus, which emerged late last year in China's central Hubei province. The pound rode a wave...

EM ASIA FX-Most Asian units weaken on virus anxiety, but set for weekly gains

EM ASIA FX-Most Asian units weaken on virus anxiety, but set for weekly gains

The outbreak in China showed no signs of peaking with health authorities on Friday reporting more than 5,000 new coronavirus cases and 121 new...

Yen gains, yuan and Aussie down as virus cases and deaths rise

Yen gains, yuan and Aussie down as virus cases and deaths rise

The yen rose 0.2pc on Thursday to 109.89 yen, pulling back from its weakest since Jan. 21. The Australian dollar, widely used as a...

Yuan drops after virus death toll hit like ‘ton of bricks’

Yuan drops after virus death toll hit like ‘ton of bricks’

The PBOC has vowed it will use tools to support key sectors, having already pumped billions of dollars into the money market to stabilise...

EM ASIA FX-Most Asian currencies weaken as virus cases jump

EM ASIA FX-Most Asian currencies weaken as virus cases jump

The Singapore dollar weakened 0.2pc on the day, while the baht dipped slightly. The Indonesian rupiah weakened 0.2pc to its lowest level in more...

Yuan inches higher as new virus infections in China fall to near 2-week low

Yuan inches higher as new virus infections in China fall to near 2-week low

The People's Bank of China set the midpoint rate - which spot can trade 2pc either side of - at 6.9718 per dollar prior...

EM ASIA FX Asian units gain on China stimulus hopes, drop in new virus cases

EM ASIA FX Asian units gain on China stimulus hopes, drop in new virus cases

The onshore yuan firmed 0.2pc against the dollar, set for the second straight session of gains. The death toll from the coronavirus epidemic in...

EM ASIA FX Most Asian currencies firm as China returns to work

EM ASIA FX Most Asian currencies firm as China returns to work

The Chinese yuan rose 0.2pc to 6.988 per dollar, supported by strong corporate demand for the local currency. The Taiwan dollar edged up 0.1pc,...

EM ASIA FX-Asian currencies ease as virus weighs on global economic outlook

EM ASIA FX-Asian currencies ease as virus weighs on global economic outlook

The yuan slipped as much as 0.2pc to 6.983 per dollar, and was poised for its second weekly decline. The toll in mainland China...

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