PBOC sets Yuan reference rate at 6.9690

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.9690 versus Monday's fix at 6.9718.

The USD/CNY pair closed Monday with 0.16% gains at 6.9748.

Jan 7, 2020

AUD/NZD bears stalling on key support, eyes on central banks

AUD/NZD has moved into a consolidation following a steep decline from the 1.0864 November tops to a 78.6% Fibonacci support level sub the 1.04 handle

Shale tycoon Hamm: WTI is headed to $75 regardless of what happens in Middle East

West Texas Intermediate (WTI) oil is headed to $75 per barrel, regardless of the outcome of rising tensions in the Middle East, Shale-oil baron Harold