PBOC sets yuan reference rate at 6.5408

The People's Bank of China (PBOC) has set the yuan reference rate at 6.5408 versus 6.5249 previous. USD/CNH (offshore yuan exchange rate) is currently trading at 6.4906, the lowest levels since June 2018.

Jan 4, 2021

USD/JPY: On the back foot near 103.00 amid concerns over covid emergency in Tokyo

USD/JPY bounces off intraday low to 103.07, down 0.18% on a day, amid the initial hour of Tokyo open on Monday. The yen pair recently slumped after ch

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Jan 4, 2021

Gold Price Analysis: XAU/USD jumps to highest since Nov. 9

Gold is trading at $1,915 per ounce at press time. That's the highest level in nearly two months. The daily chart shows the metal is breaking out of a

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