Yuan eases on higher US yields and firmer oil
China’s yuan eased versus the dollar on Wednesday as higher U.S. bond yields and firmer oil prices supported the greenback, pressuring Asian currencies.
By Summer ZhenChina's yuan eased against the dollar on Wednesday as higher U.S. bond yields and firmer oil prices lifted the greenback, putting pressure on Asian currencies.The dollar strengthened against major currencies this week and held firm on Wednesday, as renewed hostilities between the U.S…