NEWS
PBOC Expected to Set USD/CNY Reference Rate at 6.7364
The People's Bank of China (PBOC) is anticipated to announce the USD/CNY reference rate at 6.7364, reflecting ongoing market dynamics and economic consideratio…
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The AUD/USD currency pair encountered selling pressure during the Asia-Pacific session, peaking at 0.7046, just below the 100-day moving average. This resistance level has prompted a shift in momentum, leading to a decline below significant retracement levels and moving averages.
Read storyThe People's Bank of China (PBOC) is anticipated to announce the USD/CNY reference rate at 6.7364, reflecting ongoing market dynamics and economic consideratio…
Richmond Fed President Thomas Barkin stated that determining whether interest rates are sufficiently high remains a 'close call.' He refrained from commenting…
