PBOC sets USD/CNY reference rate at 6.9475 vs. 6.9646 previous

On Tuesday, the People’s Bank of China (PBOC) set the USD/CNY central rate at 6.9475 versus Monday's fix of 6.9646 and market expectations of 6.9477.

Jan 3, 2023

GBP/USD Price Analysis: Inside the woods ahead of FOMC minutes

The GBP/USD pair has delivered an upside break of the consolidation formed in a narrow range of 1.2040-1.2046 in the Asian session. The Cable asset ha

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Jan 3, 2023

China's SAFE: Will promote trade, capital inflows

China’s State Administration of Foreign Exchange (SAFE) Director Pan Gongsheng said on Tuesday, “China will use exchange rate policy tools to promote

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