Chinese Yuan Hits 10-Month High Against Dollar on U.S. Trade Optimism
Barrons·2025-09-16 08:24
LIVE S&P 500 Builds on Record High as Fed Rate Call Comes Under More Scrutiny Last Updated: 1 hour ago Chinese Yuan Hits 10-Month High Against Dollar on U.S. Trade Optimism By Tools Customer Service Customer Center The Chinese yuan rose to a 10-month high against the dollar on optimism over reduced U.S.-China trade tensions and expectations that the Federal Reserve will restart interest-rate cuts. Treasury Secretary Scott Bessent announced a framework for a deal over the ownership of Chinese social-media pl ...