# US dollar
Latest news and articles about US dollar
Total: 9 articles found
Rising Renminbi Turns “High‑Yield” Dollar Deposits into Loss Makers for Retail Investors
A post‑holiday surge in the renminbi has erased gains for many Chinese retail investors who chased higher yields by buying dollar deposits. With U.S. dollar rates no longer far above yuan deposit rates and the RMB appreciating, interest income has often failed to cover currency conversion losses. The episode underscores that foreign‑currency deposits are an FX bet, and banks’ product offerings, while intact, require clearer retail risk communication.
Offshore Renminbi Strengthens Beyond 6.84 as Post‑Holiday Rally Continues
The offshore renminbi strengthened to 6.83605 on February 26 as market sentiment, a softer dollar and heavy exporter FX settlements bolstered the currency. Analysts expect continued near‑term strength but caution that policy guidance and seasonal flows could moderate the one‑sided appreciation through 2026.
Yuan’s Post‑Holiday Rally Reaches 2023 Highs — Beijing Signals Vigilance as Policy Shifts
The yuan has rallied sharply since the Lunar New Year, pushing to its strongest levels versus the dollar since April 2023 as onshore and offshore rates break 6.87. Analysts attribute the move to improving Sino‑US ties, dollar weakness amid U.S. political turbulence, and accelerated export settlements, while the PBOC has signalled a readiness to use the exchange rate as an automatic stabiliser and to step in if moves become disorderly.
Fund Managers Turn Most Bearish on Dollar in a Decade as Trump's Volatility and Fed Uncertainty Bite
Fund managers have become the most bearish on the US dollar in over a decade, driven by political unpredictability under President Trump and expectations of Fed rate cuts. Large institutional investors are cutting or hedging dollar exposure, pushing derivatives indicators to extremes and raising the prospect of broader capital flows away from US assets.
Spot Gold Falls Below $5,000/oz as Silver Sinks; Precious Metals Retreat on Risk Appetite and Dollar Strength
Spot gold fell below $5,000 per ounce and silver dropped over 2% on Monday, reversing recent gains as traders engaged in profit‑taking and repositioned amid a stronger dollar and firmer yields. The move raises questions about the durability of safe‑haven demand and could exert pressure on miners and commodity‑linked economies if it persists.
Yuan Strengthens Past 6.90 Against the Dollar, Hitting Highest Level in 33 Months
The yuan climbed past 6.90 per dollar on February 12, reaching levels not seen since May 2023 as both onshore and offshore markets rallied. The move reflects softer dollar dynamics, renewed foreign inflows and cautious central-bank guidance via a conservative midpoint setting, but risks from U.S. policy shifts and domestic growth surprises remain.
Trump’s Warsh Gamble: A Fed Nomination That Shocked the Dollar, Gold and Global Risk Appetite
President Trump’s January 30 nomination of Kevin Warsh as Fed chair jolted markets, sending the dollar higher, Treasury yields up and precious metals into steep declines. Warsh’s public scepticism of prolonged quantitative easing and his preference for shrinking the Fed’s balance sheet prompted investors to reprice liquidity and risk, with implications for global capital flows and asset valuations.
Asia Stocks Climb as Japan Rally Dominates; Dollar Firms, Gold Slides and Offshore RMB Strengthens
Japan's equity rally, driven by Sanae Takaichi's election victory and investor bets on policy continuity, pushed the Nikkei to fresh highs and lifted regional markets. At the same time the dollar stabilized, gold and silver fell back, crude eased slightly, and the offshore renminbi strengthened past 6.91 amid speculation Beijing is promoting the yuan's global role.
Yuan Breaks 6.94 Against Dollar as Dollar Softens — A Test of China’s Managed Float
The onshore renminbi strengthened intraday past 6.94 to a 32-month high as the US dollar softened. Market strategists see room for further dollar weakness this year if US jobs data disappoint and rate-cut expectations move forward, a dynamic that will shape China’s exchange-rate, trade, and monetary policy considerations.