PBOC sets USD/CNY reference rate at 7.1106 vs. 7.1108 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1106, as against the previous day's fix of 7.1108 and 7.2430 Reuters estimates.

Jun 7, 2024

NZD/USD edges higher near 0.6200, Fed rate cut in focus

The NZD/USD pair trades on a stronger note near 0.6195 during the early Asian session on Friday.

WTI extends gains to near $75.50 on hopes of Fed rate cuts following the ECB’s decision

West Texas Intermediate (WTI) Oil price extends its gains for the third session, trading around $75.50 per barrel during the Asian session on Friday.