dollar

New Business

China’s yuan to strengthen to 6.85 per US dollar in first quarter of 2026: Morgan Stanley

Morgan Stanley has revised its outlook for the yuan, now forecasting it to strengthen to about 6.85 per US dollar…

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New Business

Yuan’s long-term hedge costs equalise for first time since 2011

An options market gauge showing the cost to hedge against declines or advances in the yuan has turned neutral for…

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New Business

Emerging-market stocks have risen every month this year, first unbroken streak since 1993

The emerging-market equity benchmark gained for a 10th consecutive month in October, as an artificial intelligence (AI) boom and a…

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New Business

Opinion | For central bankers, gold’s safe-haven status has never looked better

Wall Street pundits and investors are schizophrenic about US assets. The dollar weakened after Moody’s cut the United States’ credit…

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New Business

Bitcoin hits record high as US-China trade tensions ease, crypto sentiment improves

Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues…

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New Business

Macroscope | The sun is setting on the US dollar, but what could replace it?

“How low can the dollar go?” queried the headline of a recent Financial Times article in which Barry Eichengreen, a…

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New Business

Opinion | Like yuan internationalisation, US re-industrialisation is a fairy tale

Incredibly, the world witnessed a striking split-screen last week: US President Donald Trump addressed a joint session of Congress while…

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