PBOC sets the Yuan reference rate at 6.6821

The People's Bank of China (PBOC) set the Yuan reference rate at 6.6821 vs the previous day's fix of 6.6758.

Jul 17, 2018

USD/JPY: bulls not throwing in the towel, just yet, testing 50hr SMA

USD/JPY is currently testing the upside in Tokyo, with bulls reluctant to completely throw in the towel just yet in what seems to be an overstretch po

CNY is undervalued, but with a caveat attached - ANZ

According to analysts at ANZ, the Chinese Yuan and other Asian currencies are being hit by the worsening trade tensions between the US and China, and