Category forex

PBOC Set to Fix USD/CNY Midpoint Near 6.8086

The daily yuan reference rate will signal policy intent amid managed float rules and market volatility pressures. The People’s Bank of China is poised to set the USD/CNY reference rate at approximately 6.8086, a key benchmark for the yuan’s daily trading band. This midpoin

AUD Holds Steady Near 0.7150

AUD/USD pair trades flat near 0.7150 The AUD/USD pair is holding steady near 0.7150 during the early Asian session. The pair has steadied after retreating from multi-year highs. Rising US interest rate expectations and ongoing geopolitical tensions are cont