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Jul 1, 2024

PBOC sets USD/CNY reference rate at 7.1265 vs. 7.1268 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate on Monday at 7.1265, as against the previous day's fix of 7.1268 and 7.2558 Reuters estimate.

NZD/USD retakes 0.6100 mark amid weaker USD, upside potential seems limited

The NZD/USD pair attracts some dip-buying during the Asian session on Monday and looks to build on Friday's modest bounce from the vicinity of mid-0.6000s, or its lowest level since mid-May touched on Friday.