Category forex

PBOC Set to Fix USD/CNY Midpoint Near 6.7821

The daily yuan reference rate signals China’s policy stance amid managed float and market pressures. The People’s Bank of China will announce its USD/CNY reference rate around 0115 GMT, with Reuters estimating a midpoint near 6.7821. The fixing guides onshore trading withi

USD Strengthens Slightly

USD is slightly stronger in early trading The USD has shown a slight increase in strength during early indications. This development comes as markets are still in their early stages, with most major Asian centers just opening. The focus for many is on the W