PBoC sets USD/CNY reference rate at 7.1728 vs. 7.1724 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1728 as compared to the previous day's fix of 7.1724 and 7.2473 Reuters estimates.

Nov 17, 2023

BoJ Governor Ueda: Will patiently maintain the easy policy

Bank of Japan (BoJ Governor Kazuo Ueda was out with some comments this Friday, saying that Japan's economy is recovering moderately and is likely to keep recovering moderately.

Australian Dollar continues to lose ground despite weaker US employment data

The Australian Dollar (AUD) faces challenges and continues the losses on Friday, despite the downbeat economic data from the United States (US) released on Thursday.