PBoC sets USD/CNY reference rate at 7.1028 vs 7.0979 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1028 as compared to the previous day's of 7.0979 and 7.2475 Reuters estimates.

Apr 16, 2024

Japan's Hayashi: Prepared to take all measures on FX

Japan's Chief Cabinet Secretary Yoshimasa Hayashi is out with comments on Tuesday, saying that is important for currencies to move in a stable manner reflecting fundamentals.

EUR/USD falls toward 1.0600 on higher expectations of the Fed prolonging higher rates

EUR/USD continues to lose ground for the sixth successive session, trading near 1.0610 during the Asian hours on Tuesday.