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Wednesday November 25, 2009
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CNY/GBP Exchange Rate News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest CNY/GBP Exchange Rate News

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  • Crude oil to gain from rising gold, falling dollar 25 Nov 2009 06:31 GMT
    ... a USD competitive depreciation leads to a GBP competitive depreciation, which in turn leads to a ... more flexibility in EM currencies (a Chinese Yuan revaluation) will ultimately reduce reserve accumulation and flow ... USD. At the same time, stronger EM foreign exchange reserves will effectively boost EM commodity purchasing ...

  • Crude oil to gain from rising gold falling dollar 25 Nov 2009 06:33 GMT
    ... a USD competitive depreciation leads to a GBP competitive depreciation, which in turn leads to a ... more flexibility in EM currencies (a Chinese Yuan revaluation) will ultimately reduce reserve accumulation and flow ... USD. At the same time, stronger EM foreign exchange reserves will effectively boost EM commodity purchasing ...

  • Gold Hits Fresh Record Higher in USD, Euro and GBP 24 Nov 2009 20:16 GMT
    ... and the US Dollar slipped on the forex market. Crude oil also fell back. Government ... mid-2003, but also gained 28% against the British Pound. The Euro has slipped 5% against the Chinese Yuan over that period. Trichet also noted yesterday ...

  • Gold Hits Fresh USD, Euro & GBP Records as UK Central Bank Bets Its Pension on Inflation-Linked Bonds 24 Nov 2009 14:33 GMT
    ... and the US Dollar slipped on the forex market. Crude oil also fell back. Government ... mid-2003, but also gained 28% against the British Pound. The Euro has slipped 5% against the Chinese Yuan over that period. Trichet also noted yesterday ...

  • The rise of the renminbi 24 Nov 2009 16:37 GMT
    ... China is making a big push to encourage ... greater international use of its currency, the renminbi. It has an agreement with Brazil to facilitate use ... their transactions and conducting their business in sterling. Even US importers and exporters requiring trade ...

  • Gold in Swiss Francs 24 Nov 2009 11:33 GMT
    ... alongside the US Dollar, the Euro, the British Pound, and the Japanese Yen. The Swiss ... issued by a single country for central-bank forex reserves. At present, roughly 62% of the ... might be modified to include the Chinese Yuan, the Indian Rupee, and Brazilian Real as ...

  • The Era of the Renminbi Is at Hand 20 Nov 2009 22:30 GMT
    ... The Era of the Renminbi Is at Hand So far this year, ... also declined against the euro and the British pound, angering Western governments, which argue that the ...

  • Risk Appetite Unwinds, CAD Falls 19 Nov 2009 16:34 GMT
    ... pressure to raise the value of the yuan while the US dollar continues to print money ... Shanghai currently indicating that traders expect the CNY to rise 3% against the USD over ... made statements to that effect. The undervalued RMB distorts competitiveness; export industries are implicitly subsidized, ...

  • Central Bankers Blowing Bubbles in Global Stock Markets 19 Nov 2009 19:44 GMT
    ... world, alongside the US-dollar, the Euro, the British pound, and the Japanese yen. The Swiss ... might be modified to include the Chinese yuan, the Indian rupee, and Brazilian real as ... target. Whereas interest rate differentials often influence foreign exchange rates, in today’s hallucinogenic world of zero-percent ...

  • Dollar gains as stocks fall, yet range-bound 19 Nov 2009 15:44 GMT
    ... benefit from China's eventual revaluation of the yuan, which is now kept artificially low against ... would remain low for some time. The British pound ignored a raft of its own data ...

  • CURRENCIES: Dollar Gains As Stocks Fall, Yet Range-bound 19 Nov 2009 21:55 GMT
    ... benefit from China's eventual revaluation of the yuan, which is now kept artificially low against ... would remain low for some time. The British pound ignored a raft of its own data ...

  • Dollar gains as homeowners, job-seekers struggle 20 Nov 2009 00:32 GMT
    ... the U.S. recovery, said David Gilmore of Foreign Exchange Analytics in Essex, Conn. "Some are beginning ... dropped to $1.4865 from $1.4940 and the British pound slid to $1.6617 from $1.6718. The ... predicted it would weaken against the Chinese yuan and the currencies of other emerging market ...

  • Dollar gains as homeowners, job seekers struggle 19 Nov 2009 23:58 GMT
    ... the U.S. recovery, said David Gilmore of Foreign Exchange Analytics in Essex, Conn. "Some are beginning ... dropped to $1.4865 from $1.4940 and the British pound slid to $1.6617 from $1.6718. The ... predicted it would weaken against the Chinese yuan and the currencies of other emerging market ...

  • European Troika in China: What Does It Think It Will Accomplish? 22 Nov 2009 18:23 GMT
    ... peripheral European countries since March. The Pound Sterling has depreciated by over 20% against the euro since ... balance sheet adjustment. The fall in the exchange rate over the past two years will help ... currency would be “welcome.” We think the Yuan is [undervalued] and we have to make that clear. ...

  • Safe - haven dollar jumps higher as homeowners, job - seekers struggle; some see stabilization 20 Nov 2009 00:19 GMT
    ... the U.S. recovery, said David Gilmore of Foreign Exchange Analytics in Essex, Conn. "Some are beginning ... dropped to $1.4865 from $1.4940 and the British pound slid to $1.6617 from $1.6718. The ... predicted it would weaken against the Chinese yuan and the currencies of other emerging market ...


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