PBOC sets yuan reference rate at 6.7082

The People’s Bank of China (PBOC) set the yuan reference rate at 6.7082 vs the previous day’s fix of 6.7035. The central bank has drained CNY 40 billion via open market operations.

Apr 23, 2019

AUD/JPY Technical Analysis: 79.65/60 challenges trend-line breakdown, RSI oversold

While a break of an ascending trend-line drags the AUD/JPY pair downwards, a horizontal support-zone limits immediate declines with oversold RSI levels.

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Apr 23, 2019

Japan's Aso: No plan to test modern monetary theory in Japan

Japan's Finance Minister Aso is out on the wires stating that his government has no plan to test the modern monetary theory. The modern monetary theor

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