PBOC sets yuan reference rate at 6.8934

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8934 vs Wednesday's fix of 6.8932.

Brent technical analysis: Bearish lower highs favor a drop to fresh five-month low

Brent oil faced selling pressure on Wednesday, as expected, and fell more than 4% to hit a low of $59.60. With the sharp pullback from Tuesday’s high
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GBP/JPY technical analysis: Choppy between a week-long range

GBP/JPY’s latest up-moves from 137.55 can’t recall the bulls unless clearing a week old trading range.
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