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Yuan weakens on corporate pre-holiday demand, seen stable after break

SHANGHAI, Feb 5- China's yuan weakened on Friday as local dollar demand ahead of the Lunar New Year holiday offset a steep fall in the greenback in global markets and a stronger central bank midpoint, traders said. The Chinese foreign exchange market will be closed all next week for the Lunar New Year holiday, and corporates typically need dollars to cover...
Source: Reuters | By: Lu Jianxin and Pete Sweeney
Yuan edges lower, defies slumping dollar and firm midpoint

SHANGHAI, Feb 4- The yuan slipped on Thursday due to robust demand for the dollar ahead of the week-long Lunar New Year holiday next week. Propelled by the dollar's global weakness, the People's Bank of China set its official midpoint rate at 6.5419 per dollar prior to market open, 0.16 percent firmer than the previous fix 6.5521. Corporates and individuals were...
Source: Reuters
China's yuan steady as capital controls cap pre-holiday dollar demand

SHANGHAI, Feb 3- China's yuan barely moved on Wednesday as regulatory capital control measures helped cushion the usual increased demand for the dollar ahead of the Lunar New Year, traders said. The People's Bank of China set the midpoint rate at 6.5521 per dollar prior to market open, only 0.02 weaker than the previous fix 6.551. China has taken a series of steps to...
Source: Reuters
China's yuan steady on large c.bank liquidity injections, exchange comments

SHANGHAI, Feb 2- China's yuan barely budged against the dollar on Tuesday as massive central bank liquidity injections helped to avoid a cash crunch ahead of the long Lunar New Year holiday and as authorities reiterated they would keep the currency stable. The People's Bank of China set the midpoint rate at 6.551 per dollar prior to the market open, 0.04 percent...
Source: Reuters
Derivative bets on yuan weakening reach record high

LONDON, Feb 1- Hedge funds have ramped up bets on a devaluation of China's yuan since the Bank of Japan cut interest rates into negative territory, with the bias towards yuan falls in options markets hitting its highest on record on Monday. "Since the Bank of Japan was so dovish last week, all of these countries are under a lot more pressure to devalue," said a dealer with...
Source: Reuters | By: Patrick Graham
Yuan edges down on weak manufacturing data, weaker midpoint

SHANGHAI, Feb 1- The yuan eased against the dollar on Monday as weak manufacturing data added to worries about the risk of further capital outflows, and after the central bank set a weaker midpoint. China's manufacturing activity unexpectedly contracted at its fastest pace in almost three-and-a-half years in January, an official survey showed, suggesting the...
Source: Reuters
CNH beats 4Q profit forecasts

BASILDON ESSEX, Britain _ CNH Industrial NV on Friday reported fourth-quarter earnings of $231 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share. Three analysts surveyed by Zacks expected $7.2 billion.
Source: The Associated Press
China's yuan firms on midpoint, Beijing vows to keep yuan stable

SHANGHAI, Jan 29- China's yuan edged up against the dollar on Friday and is set for a mild weekly gain after the central bank fixed its daily midpoints stronger over the past week. Beijing has also taken further steps to control the country's capital outflows to support the Chinese currency. The People's Bank of China set the midpoint rate at 6.5516 per dollar...
Source: Reuters
China's yuan steady on midpoint, tepid dollar demand

SHANGHAI, Jan 28- China's yuan stayed flat against the dollar on Thursday after the central bank set the midpoint rate slightly firmer for the fifth consecutive day and dollar demand was tepid. The People's Bank of China set the midpoint rate at 6.5528 per dollar prior to market open, 0.01 percent firmer than the previous fix 6.5533. Traders said yuan market...
Source: Reuters
China's yuan firms on stronger midpoint setting

SHANGHAI, Jan 27- China's yuan edged up against the dollar on Wednesday after the central bank set a firmer midpoint and state media warned billionaire investor George Soros against betting on falls in the Chinese currency and Hong Kong dollar. The People's Bank of China set the midpoint rate at 6.5533 per dollar prior to market open, 0.02 percent firmer than the...
Source: Reuters