PBoC sets USD/CNY reference rate at 7.0933 vs. 7.0957 previous

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0933 as compared to Friday's fix of 7.0957 and 7.1135 Reuters estimates.

Dec 18, 2023

EUR/USD clings to mild gains around 1.0900, focus on German IFO data

The EUR/USD pair posts modest gains during the Asian trading hours on Monday.

Japanese Yen remains on the defensive against USD, lacks follow-through ahead of BoJ on Tuesday

The Japanese Yen (JPY) remains on the defensive against its American counterpart for the second straight day on Monday and retreats further from its highest level since late July touched last week.