PBOC sets USD/CNY reference rate at 6.7518

The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.7518 on Wednesday when compared to the previous fix and the previous close at 6.7482 and 6.7425 respectively.

Jun 15, 2022

EUR/USD stays defensive above 1.0400 as DXY tracks softer yields ahead of Fed, ECB’s Lagarde

EUR/USD holds onto the previous day’s corrective pullback around 1.0400 amid a sluggish Asian session on Wednesday. The major currency pair cheers rec

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Jun 15, 2022

PBOC injects CNY200 billion via one-year MLF at 2.85%

The People’s Bank of China (PBOC) injected CNY200 billion via one-year medium-term lending (MLF) facility on Wednesday. The Chinese central bank kept

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