PBOC sets USD/CNY reference rate at 7.1880 vs. 7.1891 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1880, as compared to the previous day's fix of 7.1891 and 7.2838 Reuters estimates.

Dec 18, 2024

NZD/USD weakens to near 0.5750 as traders brace for Fed rate decision

The NZD/USD pair remains on the defensive around 0.5750 during the early Asian session on Wednesday.

Japanese Yen bears have the upper hand ahead of key central bank event risks

The Japanese Yen (JPY) struggles to capitalize on the previous day's modest recovery gains against its American counterpart and attracts fresh sellers during the Asian session on Wednesday.