PBOC sets Yuan reference rate at 7.0835

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0835, missing the market expectation of 7.1027, but well above Tuesday's fix at 7.0810.

Aug 28, 2019

UK shop prices registered sharpest decline in over a year in August

Shop prices in the United Kingdom (UK) fell by 0.4% in August, marking the fastest rate of decline since June 2018, the BRC-Nielsen Shop Price Index (

USD/CAD carries upswing from 200-day EMA amid WTI weakness

Following its U-turn from 200-day exponential moving average (EMA), the USD/CAD pair extends to the run-up to 1.3300 during early Wednesday.