PBOC sets the Yuan mid-point rate at 6.8948

The People's Bank of China (PBOC) set the Yuan mid-point rate/reference rate at 6.8948 vs. the previous day's fix of 6.9051.

May 12, 2017

USD/CNY fox projected at 6.9011 - Nomura

Analysts at Nomura offered their projection for today's USD/CNY fix. Key Quotes: "Our model1 projects the fix to be 40 pips lower than the previous

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May 12, 2017

Oil flat lined in Asia on US supply concerns

Oil trades flat lined this Friday morning on concerns that the increasing US Shale output will offset the effect of the OPEC-led efforts to re-balance

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