PBOC sets Yuan reference rate at 6.8716

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8716 versus Friday’s fix of 6.8747.

It should also be noted that the PBOC will skip open market operations today.

Jul 1, 2019

USD/CAD recovers from 8-month low amid USD strength, WTI pullback

Not only USD strength on the back of successful trade truce between the US and China but latest pullback of crude prices also trigger USD/CAD pullback.

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Jul 1, 2019

USD/JPY: Upside capped as traders re-think immediate knee-jerk to trade truce

USD/JPY gapped on the open on Monday as Presidents Trump and Xi agreed to resume trade talks, averting the near term risk of a damaging escalation. In

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