PBOC sets yuan reference rate at 6.8903

The People's Bank of China (PBOC) has set the yuan reference rate at 6.8903 vs the previous day's fix of 6.8822.

Jun 5, 2019

AUD/NZD technical analysis: Slips beneath 50-day SMA ahead of Australia’s GDP

AUD/NZD slips beneath 50-day SMA to 1.0575 ahead of Australia’s GDP release on early Wednesday.

The price rallied above of the prior falling wedges resistance recently and while underpinned by the 200 day ma and October high at 1263.16/1243.55,