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Yen edges up after BOJ, pound gains on hopes of lockdown easing

TOKYO (Reuters) – The yen edged higher on Monday after the Bank of Japan expanded stimulus to help companies hit by the coronavirus crisis while the pound rose against the dollar and euro on optimism Britain may soon ease a month-long lockdown. The BOJ’s decis... More »


Coronavirus came to New York from Europe, not China – governor

(Reuters) – New York Governor Andrew Cuomo on Friday pointed to research showing that strains of the novel coronavirus entered his state from Europe, not China, and said that travel bans enacted by U.S. President Donald Trump were too late to halt its spread. ... More »


China’s yuan slumps to 2019 low as trade war escalates

LONDON (Reuters) – China’s yuan was set for its worst daily fall in nine months on Monday as trade negotiations between the U.S. and China ended after President Donald Trump raised tariffs on Chinese goods. Currency moves in response to the latest trade hostil... More »


Aussie dollar, yuan fall on concerns about China slowdown

LONDON (Reuters) – The Australian dollar and kiwi dollar, gauges of global risk appetite, fell on Monday on fears of a slowdown in China’s economy prompted by a contraction in Chinese exports. Market sentiment swung negative after data showed that China’s Dece... More »


Yen rises vs dollar on weak data- Swiss franc gains

LONDON (Reuters) – The Japanese yen gained half a percent against the dollar on Friday as investors cut back positions in risky assets after a volatile week in global stock markets and as concerns grow about a trade dispute between United States and China. Tra... More »