Forex markets

January 18, 2018 - 12:04 am
HONG KONG (AP) — Financial regulators in China say cross-border capital flows hit a turning point in 2017 as foreign currency reserve levels stabilized after two years of declines. Wang Chungying, a spokeswoman for China's State Administration of Foreign Exchange, said Thursday that the supply and...
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January 11, 2018 - 3:50 am
BEIJING (AP) — China's foreign exchange regulator on Thursday challenged a report it might slow or stop purchases of U.S. Treasury debt due to trade tensions with Washington as "fake news." The State Administration of Foreign Exchange, one of the biggest holders of Treasuries, said it is a "...
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June 28, 2017 - 11:23 am
FRANKFURT, Germany (AP) — The battered British pound rose sharply after the head of the Bank of England made remarks that could be seen as bringing an interest-rate increase closer. The pound traded 1 percent higher on the day at $1.2938. The pound's value against the U.S. dollar jumped after the...
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