PBOC sets yuan reference rate at 6.7307

The People's Bank of China (PBOC) set the yuan reference rate at 6.7307 vs the previous day's fix of 6.7205.

The central bank has skipped open market operations today and has drained net ¥80 billion from the system.

Apr 25, 2019

Moody’s: Risk-off is impacting weaker Chinaese companies

Reduced risk appetite is having a negative impact on the Chinese companies, according to ratings agency Moody’s. The impact if particularly being felt

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Apr 25, 2019

EUR/GBP Technical Analysis: Break of 0.8680/85 becomes necessary to avoid visiting 0.8590

Despite repeated attempts, EUR/GBP couldn’t clear 0.8680/85 horizontal resistance comprising current month high.

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