PBOC sets USDCNY reference rate at 6.4840 vs. 6.4845 previous

On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate at 6.4840 versus Friday's fix of 6.4845. It's worth noting that the USD/CNY closed near 6.4825 on Friday, taking rounds to the same level by the press time.

Silver Price Analysis: XAG/USD steps back from yearly low to $24.00 but bears keep the reins

Silver (XAG/USD) prints 1.55% intraday losses despite recently bouncing off the yearly low of $22.16 to $24.00 during Monday’s Asian session. While fa
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China Producer Price Index (YoY) came in at 9%, above forecasts (8.8%) in July

China Producer Price Index (YoY) came in at 9%, above forecasts (8.8%) in July
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