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PBOC sets the Yuan reference rate at 6.4932

The People's Bank of China (PBOC) set the Yuan reference rate at 6.4932 vs. previous day's fix of 6.5147. 

US-based equity mutual funds post third straight week of inflows -Lipper

The Lipper data released yesterday showed investors continued to pour money into US-based equity mutual funds for the third straight week.  Key point
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EUR/USD clocks 7-day high above 1.2060

The common currency continues to defy gravity in Asia, as the ECB December meeting minutes released yesterday called for a gradual adjustment in the f
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