PBoC sets USD/CNY reference rate at 7.1798 vs. 7.1775 previous

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1798 as compared to the previous day's fix of 7.1775 and 7.3121 Reuters estimate.

Oct 16, 2023

NZD/USD attracts some buyers above the 0.5900 mark ahead of the New Zealand CPI

The NZD/USD pair attracts some buyers during the early Asian trading hours on Monday. Investors await the New Zealand Consumer Price Index (CPI) data

USD/CAD consolidates in a range around mid-1.3600s, downside seems cushioned

The USD/CAD pair struggles to gain any meaningful traction on Monday and oscillates in a narrow trading band, around the 1.3650 area through the first