PBOC sets USD/CNY reference rate at 7.1135 vs. 7.1106 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1135, as against the previous day's fix of 7.1106 and 7.2724 Reuters estimates.

Jun 11, 2024

USD/CAD gains ground above 1.3750 as traders pare back Fed rate cut expectation

The USD/CAD pair trades in the positive territory around 1.3765 amid the renewed US Dollar (USD) demand on Tuesday during the early Asian trading hours.

WTI reaches to near $77.50 due to expectations of increased summer demand

West Texas Intermediate (WTI) Oil price hovers around $77.50 per barrel during the Asian hours on Tuesday.