Por: MarketWatch Business September 29, 2022
The dollar’s dip in the previous session “was a classic case of profit-taking after a stunning run in the dollar, which has already resumed its upward trajectory,” said Marios Hadjikyriacos, an analyst at broker XM. In focus was the politics around the depreciation of Chinese yuan traded outside of mainland China after the yuan hit its weakest level ever on Wednesday at more than 7.21 yuan to the dollar. There are signs that China, like... + full article
CNBC USA Business September 29, 2022
The Chinese yuan weakened past the closely-watched 7.2 level against the greenback this week.Getty ImagesBEIJING — has warned against betting on the , after its rapid decline against the U.S. dollar this week.Do not bet on a one-sided appreciation or deprecation of the... + más
Xpeng breaks out of a lower price range with its most expensive car to date | CNBC
China's yuan hovers near record lows against the dollar despite central bank warning | CNN
CNN USA Business September 29, 2022
Hong Kong CNN Business — hovered near record lows against on the offshore market on Thursday, as major currencies around the world continue to tumble after The yuan — also known as the renminbi —has been declining for months despite interventions by China’s central... + más
China's yuan slides to 14-year low after US rate hikes | ABC News
ABC News USA World September 29, 2022
BEIJING -- China’s yuan fell to a 14-year low against the dollar Wednesday despite central bank efforts to stem the slide after U.S. interest rate hikes prompted traders to convert money into dollars in search of higher returns.A weaker yuan helps Chinese exporters by making... + más
China's yuan slides to 14-year low after US rate hikes | Associated Press
Associated Press USA Business September 28, 2022
BEIJING (AP) — China’s yuan fell to a 14-year low against the dollar Wednesday despite central bank efforts to stem the slide after prompted traders to convert money into dollars in search of higher returns.A weaker yuan helps Chinese exporters by making their goods cheaper... + más
Forbes USA Business September 28, 2022
Topline The U.S. dollar continues to surge against other currencies globally as investors pack into the safe asset and concerns of a global recession intensify—prompting a growing crop of experts to warn the dollar’s strength could spell further doom and gloom for the... + más
Bank analysts have two big reasons to be bullish on the Singapore dollar | CNBC
A rampaging U.S. dollar just booked its strongest quarter in at least 7 years as investors search for safety | MarketWatch
CNN USA Business September 26, 2022
(CNN Business)The to a new record low against the US dollar of $1.035 on Monday, plummeting more than 4%.The slide came as trading opened in Asia and Australia on Monday, extending a 2.6% dive from Friday — and spurring predictions the pound could plunge to parity with the US... + más
What U.K. pound sterling slump against U.S. dollar means for Americans | Newsweek
Pound Plummets To Record Low Against U.S. Dollar After U.K. Signals More Tax Cuts | Forbes
CNBC USA Tech September 22, 2022
Xpeng has announced its most expensive car to date. Pictured here at a store in Shanghai, China, on July 2021 are two of Xpeng's previously released models, a P7 Wing Limited Edition in green and a G3 SUV in blue.Qilai Shen Bloomberg Getty ImagesBEIJING — Chinese electric... + más
Chinese EV maker Xpeng launches rival to Tesla's semi-autonomous driving system | CNBC
Car buyers pay 10% above the sticker price, on average — or more if you want a Jeep or Porsche | CNBC
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