PBOC sets Yuan reference rate at 7.0913

The People's Bank of China (PBOC) has set the yuan reference rate at 7.0913 versus Thursday's fix at 7.0903.

Jun 19, 2020

AUD/USD: New paradigm ahead of US Presidential election? – JP Morgan

Analysts at JP Morgan offer their outlook on the AUD/USD pair, in light of the global stock markets rally and US Presidential election. Key quotes “AU

Dollar's dominance leaves world vulnerable to US

The American dollar's share as an international funding currency has grown nearly to 50%, a level seen in the early 2000s, according to Bank for Inter