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China's yuan eases as dollar makes broad gains on easing global inflationary pressures

China's yuan eases as dollar makes broad gains on easing global inflationary pressures By Georgina Lee HONG KONG, Feb 3 (Reuters) - China's yuan eased on Friday from a three-week high, as the U.S. dollar recovered ground against other major currencies on prospects for monetary loosening beyond the United States after dovish signals from central bankers in Europe and the UK.
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China's yuan jumps to over 2-week high on Fed's dovish tilt

China's yuan jumps to over 2-week high on Fed's dovish tilt SHANGHAI, Feb 2 (Reuters) - China's yuan jumped to a more than two-week high against a falling dollar on Thursday, as the Federal Reserve said it had turned a corner in the fight against inflation, with investors expecting the U.S. tightening cycle may end soon. The greenback .DXY tumbled in global markets after the U.S.
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China's yuan steadies ahead of Fed decision

China's yuan steadies ahead of Fed decision SHANGHAI, Feb 1 (Reuters) - China's yuan steadied against the dollar on Wednesday, as the market awaited the Federal Reserve's policy meeting for more clues on the trajectory of U.S. monetary tightening. The Fed is widely expected to raise interest rates by 25 basis points later in the session, but Fed Chair Jerome Powell's news conference will hog the spotlight as traders gauge how long the Fed is likely to stay hawkish.
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Yuan weakens as investors stay cautious ahead of U.S. rate decision

Yuan weakens as investors stay cautious ahead of U.S. rate decision By Georgina Lee HONG KONG, Jan 31 (Reuters) - China's yuan weakened against the dollar on Tuesday, as investors stayed cautious ahead of an expected rate hike by the U.S. Federal Reserve and took in stride more evidence of recovery in the pandemic-hit Chinese economy. China's non-manufacturing activity broke into expansion territory in January for the first time since September 2022, as consumption and travel recovered over the
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China's yuan jumps on signs of economic recovery, market awaits global cbank meetings

China's yuan jumps on signs of economic recovery, market awaits global cbank meetings SHANGHAI, Jan 30 (Reuters) - China's yuan jumped against the dollar on the first trading day after the week-long Lunar New Year holidays on Monday, as investors cheered signs of economic recovery suggested by robust holiday spending and tourism data. Official data showed that Lunar New Year holiday trips inside China surged 74% from last year after authorities scrapped COVID-19 travel curbs, though the number o
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