PBOC sets the Yuan mid-point rate at 6.9051

The People's Bank of China (PBOC) set the Yuan mid-point rate/reference rate at 6.9051 vs. the previous day's fix of 6.9066.

May 11, 2017

USD/CNY fix projection: 6.9065 – Nomura

Analysts at Nomura offered their projections of the USD/CNY fix. Key Quotes: Our model [1] projects the fix to be 1 pip lower than the previous fix

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May 11, 2017

Oil prices on both sides of the Atlantic remain well bid in Asia after the US EIA reported what was the biggest weekly draw in inventories this year.

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