PBOC set the Yuan reference rate at 6.4997

The People's Bank of China [PBOC] set the Yuan reference rate at 6.4997 vs. Friday's fix of 6.5032

The central bank plans to scrap reserve requirements for financial institutions settling foreign exchange forward yuan positions with effect from today.

Sep 11, 2017

AUD/USD fails to cheer N.Korea inaction and uptick in Chinese inflation

The AUD/USD is not particularly impressed by North Korea inaction over the weekend and an uptick in Chinese inflation, forcing us to question whether

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Sep 11, 2017

NZD/USD - Selling gathers steam as NZIER revises inflation forecasts lower

The downward revision of the inflation forecasts by the NZIER seems to have exacerbated the weak tone in the NZD/USD, pushing the spot to a session lo

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