PBoC sets USD/CNY reference rate at 7.1772 vs. 7.1773 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1772 as compared to the previous day's fix of 7.1773 and 7.2723 Reuters estimates.

Nov 9, 2023

GBP/USD struggles to capitalize on overnight bounce from weekly low, remains below 1.2300

The GBP/USD pair stalls the overnight modest bounce from the 1.2240 area or the weekly low near the 100-hour Simple Moving Average (SMA) and oscillates in a narrow trading band during the Asian session on Thursday.

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Nov 9, 2023

China Consumer Price Index (YoY) registered at -0.2%, below expectations (-0.1%) in October

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