The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1893, as compared to the previous day's fix of 7.1876 and 7.2981 Reuters estimates.
USD/TRY rises to 35.29 amid Turkish lira weakness, with Central Bank policy shifts and rate cuts driving bullish momentum toward 35.50 and 35.70 targets.
...A Reuters poll conducted earlier this month reflected market sentiment that the BOJ would raise rates to 0.50% by the end of March 2024.
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I tried to get this chart posted quickly before USD/JPY made a liar out of me ... looks like the bids have not dissipated yet!
This article was...
The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.
USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.
CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.
A significantly...