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PBoC sets USD/CNY reference rate at 7.0956 vs 7.0947 previous - Vimarsana News

PBoC sets USD/CNY reference rate at 7.0956 vs 7.0947 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.0956 as compared to the previous day's fix of 7.0947 and 7.2248 Reuters estimates.

Related Topics:
People Bank
De-Dollarization: Zimbabwe Introduces Gold-Backed Currency - Vimarsana News

De-Dollarization: Zimbabwe Introduces Gold-Backed Currency

The gold-backed ZiG is Zimbabwe's sixth attempt at a new currency since 2008.

USD/CAD remains below 1.3600 as Middle East tensions continue to underpin Oil prices - Vimarsana News

USD/CAD remains below 1.3600 as Middle East tensions continue to underpin Oil prices

The USD/CAD pair attracts some dip-buying during the Asian session on Tuesday and reverses a part of the previous day's losses.

Forex Today: Investors now look at US CPI, FOMC Minutes - Vimarsana News

Forex Today: Investors now look at US CPI, FOMC Minutes

The US Dollar failed to gather traction in either direction amidst rising cautiousness prior to the release of US inflation figures and the publication of the FOMC Minutes, both events scheduled for Wednesday.

US Dollar loses ground on the back of lower Treasury yields - Vimarsana News

US Dollar loses ground on the back of lower Treasury yields

The US Dollar Index (DXY) is currently trading at 104.12, remaining rather neutral.

Related Topics:
Consumer Price Index