PBOC sets USDCNY reference rate at 6.9588 vs. 6.9606 previous
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate at 6.9588 versus
Financial and Business News
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate at 6.9588 versus
Coinbase, a co-founder of USD Coin, is waiving fees for customers to exchange Tether for
USD/CHF holds lower ground in the weekly low, down for the fourth consecutive day. Mixed
Gold gained 6.4% in November with the weakening US Dollar and declining yields. A lower
European Central Bank (ECB) Governing Council member and French central bank governor Francois Villeroy de Galhau
USD/JPY oscillates in a narrow trading band amid subdued trading action on Thursday. A combination
The US Dollar is still battling December seasonality, which is leading it to weaker levels.
EUR/USD continues to edge higher toward 1.0600. But in the view of economists at ING,
EUR/USD moves back closer to a multi-month top, though lacks follow-through. A modest USD recovery
China’s Consumer Price Index (CPI) softened to 1.6% in November on an annualized basis when