PBOC set the Yuan mid-point rate at 6.8988

The People's Bank of China (PBOC) set the Yuan reference rate at 6.8988 this Monday morning, compared to Thursday's fix of 6.9123. 

AUD/JPY finds support at 10-DMA

AUD/JPY found support at 10-DMA in 86.51, but the subsequent recovery has been weak. The cross trades around 86.60 levels.  Yen ignores drop in Machi
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PBOC officials call for an RRR cut at an appropriate time

A report from China’s Securities daily says the PBOC officials from China Banking Regulatory Commission believe the RRR is relatively high ad should b
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