PBOC set the Yuan reference rate at 6.3584

The People's Bank of China (PBOC) set the Yuan reference rate at 6.3584 vs. Friday's fix of 6.3521.

May 7, 2018

USD/JPY: eyes on a break of 108.50 to open a break of 105 on the wide

USD/JPY is below the 109 handle, pressured in Tokyo after a sleepy start in Australasia with the Aussies out for labour day. Currently, USD/JPY is tra

US Fed's Quarles: Artificial Intelligence can help banking and finance sector

The US Fed's Vice Chair for Supervision Randal Quarles spoke at an Atlanta Fed conference over the weekend, discussing his outlook on AI and its poten