PBOC sets Yuan reference rate at 7.0246

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0246 versus Friday's fix at 7.0210.

Feb 24, 2020

AUD/USD struggles to fill the gap below 0.6625 as coronavirus-led risk-off continues

AUD/USD trades mildly weak to 0.6610 during the early Monday. Even so, the pair remains near 11-year low as global market players continue to adhere t

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Feb 24, 2020

USD/CNH reverting back towards Dec highs

We have seen weakness in the yuan this year fulled by end of year flows in 2019 and the impact of a strong US dollar as well as the coronavirus. The c

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