PBOC sets Yuan reference rate at 6.8940

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8940 vs Friday's fix of 6.8937.

Jun 17, 2019

USD/CNH technical analysis: Golden crossover confirmed

USD/CNH's 50-day average has crossed above its 200-day average, confirming a golden crossover – a long-term bullish indicator. The pair had rallied fr

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Jun 17, 2019

EUR/JPY technical analysis: Multi-day descending channel limits recovery towards 200-HMA

Despite bouncing off 61.8% Fibonacci retracement of current month upside, the EUR/JPY pair struggles with the short-term descending trend-channel resistance.

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