PBOC sets Yuan reference rate at 6.8938

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8938 vs Wednesday's fix of 6.8841.

Aug 1, 2019

US Dollar Index technical analysis: Rallies to fresh 27-month high, eyes on long-term resistance-line

Carrying its previous north-run forward, the US Dollar Index (DXY) surges to the fresh high since May 2017 as it takes the bids to 98.90 on Thursday.

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Aug 1, 2019

AUD/USD technical analysis: AUD keeps bleeding and at lowest since flash crash

AUD/USD has broken the 0.6832 lows and bears can now target the 127.2% Fibo ext. at 0.6760 ahead of the 0.6738 January 2019 low and 0.6725, the 2016-2

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