Tokyo | The offshore yuan pulled back from an all-time low on Tuesday after Beijing appeared to take steps to prevent the currency from weakening further, following a sharp drop that prompted the US government to declare China was manipulating its currency.
The yen erased gains versus the dollar and fell against most major currencies, while the dollar index against major peers remained on the backfoot after Monday's rapid escalation in tensions pushed the US-China trade war into uncharted territory.
