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-0.0142993326978075 -0.0142993326978075 -0.0143565300285986 -0.0171591992373689 -0.0204957102001906 -0.0177311725452812 -0.0162059103908484 -0.0181315538608197
Stock impact report

Dollar leans on yuan, Aussie amid U.S. tariff threats [Reuters]

National Austra Bank (NABZY)  More Company Research Source: Reuters
NASDAQ:AMEX Investor Relations: nab.com.au/about-us/shareholder-centre
PDF Dollar leans on yuan, Aussie amid U.S. tariff threats | Reuters 4 Min Read SYDNEY (Reuters) - The U.S. dollar edged up against the yuan and growth-leveraged currencies on Wednesday after a source familiar with the Trump administration’s plans said the White House was about to propose higher tariffs on $200 billion in Chinese imports. The news came as a survey showed China’s factory sector grew at the slowest pace in eight months in July as export orders declined yet again. The dollar added 0.4 percent to 6.8306 yuan CNH= after reports circulated President Donald Trump would propose tariffs of 25 percent, instead of 10 percent, in an announcement that could come as early as Wednesday. The yuan has now fallen for four months in a row and China’s central bank on Wednesday set the currency at its weakest since May last year. The Australian dollar, often used as a proxy for China plays, dipped 0.2 percent to $0.7412 AUD=D3 . Against a basket of currencies the dollar added 0.15 percent to 9 [Read more]
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