Chinese yuan hits 4-mth high on reopening cheer, U.S. payrolls awaited By Investing.com
© Reuters. By Ambar Warrick Investing.com — The Chinese yuan jumped to a four-month high on Friday as markets bet on a strong economic boost from China reopening its borders this month, while broader Asian currencies were flat as focus turned to key U.S. payrolls data for more cues on the economy. The was among the […]
Chinese Coal Rumors Boost AUD
The AUDUSD caught a bit of a bid yesterday on rumors that China might lift its ban on coal imports from Australia. This could have an important impact on the Australian currency. But, it could also not end up becoming effective, since this rumor has gone around before. Given the situation, it’s good to know […]