PBoC sets USD/CNY reference rate at 7.1717 vs. 7.1727 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1777, compared with the previous day's fix of 7.1727 and 7.3103 estimated.

Sep 27, 2023

USD/JPY oscillates in a range around 149.00 mark, just below the YTD peak set on Tuesday

The USD/JPY pair struggles to gain any meaningful traction on Wednesday and oscillates in a narrow trading band through the Asian session. Spot prices

PBOC: To step up macro policy adjustments

Following the third-quarter monetary policy meeting, the People’s Bank of China (PBOC) said that they will “step up macro policy adjustments.” The Chi