PBoC sets USD/CNY reference rate at 7.1053 vs 7.1030 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1053 as compared to the previous day's fix of 7.1030 and 7.2307 Reuters estimates.

May 14, 2024

Japan Suzuki: Important for FX to move in stable manner, reflecting fundamentals

Japanese Finance Minister Shunichi Suzuki said on Tuesday that it is important for currencies to move in stable manner, reflecting fundamentals.

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May 14, 2024

USD/CAD holds above 1.3650 ahead of US PPI data

The USD/CAD pair trades on a stronger note around 1.3675 during the Asian session on Tuesday.

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