The Chinese yuan continued to rebound from multi-month lows while the U.S. dollar remained flat in morning trade in Asia Tuesday.<\/p>\n
The\u00a0<\/span>U.S. Dollar Index<\/a><\/span>, which tracks the greenback against a basket of six major currencies, gained a very little ground in morning trade in Asia, climbing just 0.02% to 93.82 at 12:30AM ET (04:30 GMT).<\/p>\n The dollar had rebounded overnight from its lowest point in more than three weeks, spurred by flight from the UK pound sterling. Political turmoil in the UK caused by the\u00a0<\/span>resignation of Foreign Secretary Boris Johnson<\/a><\/span>\u00a0<\/span>helped shore up the greenback.<\/p>\n Meanwhile, the People\u2019s Bank of China set the reference rate for the yuan at 6.6259 on Tuesday morning, stronger than the 6.6393 it set on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":" The Chinese yuan continued to rebound from multi-month lows while the U.S. dollar remained flat in morning trade in Asia Tuesday. The\u00a0U.S. Dollar Index, which tracks the greenback against a basket of six major currencies, gained a very little ground in morning trade in Asia, climbing just 0.02% to 93.82 Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[9,10,1],"tags":[],"class_list":["post-847","post","type-post","status-publish","format-standard","hentry","category-homepage","category-latest-news","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/comments?post=847"}],"version-history":[{"count":1,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/847\/revisions"}],"predecessor-version":[{"id":848,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/847\/revisions\/848"}],"wp:attachment":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/media?parent=847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/categories?post=847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/tags?post=847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}