PBoC sets USD/CNY reference rate at 7.1724 vs. 7.1752 previous

On Thursday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1724 as compared to the previous day's fix of 7.1752 and 7.2474 Reuters estimates.

Nov 16, 2023

GBP/USD consolidates above 1.2400, traders seem non-committed amid mixed fundamental cues

The GBP/USD pair consolidates the overnight rejection slide from the 100-day Simple Moving Average (SMA), around the 1.2500 psychological mark, or a two-month top, and oscillates in a narrow band during the Asian session on Thursday.

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Nov 16, 2023

China House Price Index remains unchanged at -0.1% in October

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