PBOC sets Yuan reference rate at 7.0879

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0879, missing the market expectation of 7.1197, but above Thursday's fix at 7.0858.

Aug 30, 2019

USD/CNH technical analysis: 7.14 is the level to defend for the bulls

USD/CNH could suffer a deeper pullback if the support at 7.14 (Thursday's low) is breached. A move below that level would confirm or validate the bull

USD/JPY: Bulls in charge as risk appetite returns

USD/JPY is up +0.09% in Tokyo, steady on the open while risk-appetite dictates the trajectory again, with a more optimistic view over the trade wars f