PBOC sets USD/CNY reference rate at 6.6851

The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.6851 on Tuesday when compared to the previous fix and the previous close at 6.7120 and 6.6919 respectively.

Jun 21, 2022

US Dollar Index slips below 104.40 on soaring market mood, Fed Powell testimony eyed

The US dollar index (DXY) has witnessed a steep fall in the initial ticks and is expected to extend its losses after slipping below Monday’s low at 10

Gold Price Forecast: XAU/USD rebound eyes $1,845 resistance on softer USD, focus on Fed’s Powell

Gold Price (XAU/USD) remains firmer around $1,843 as bulls cheer the US dollar’s sustained weakness during the lackluster Asian session on Tuesday. Al