PBoC sets USD/CNY reference rate at 7.0950 vs. 7.0948 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0950 as compared to the previous day's fix of 7.0948 and 7.2259 Reuters estimates.

Mar 29, 2024

Japan’s Suzuki: Rapid FX moves are undesirable, speculative moves seen

Japanese Finance Minister Shunichi Suzuki offered some verbal intervention on Friday.

Australian Dollar depreciates on risk aversion amid a stronger US Dollar

The Australian Dollar (AUD) extends its losses for the second successive session on Friday.