PBOC set the yuan reference rate at 6.7909

The People's Bank of China (PBOC) set the yuan reference rate at 6.7909 vs the previous day's fix of 6.8160.

Jan 11, 2019

Foreign holdings of US Treasuries rebounds - Reuters

As reported by Reuters, foreign purchases of US Treasuries rebounded from a 17-month low, even though the US Dollar declined across the broader market

Gold: inverse correlation with US 10-yr yield is strongest since January 2018

The 90-day correlation coefficient between gold and the 10-year US Treasury yield currently stands at -0.798 – a level last seen in January 2018. The