PBOC sets Yuan reference rate at 6.8818

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8818 vs Monday's fix of 6.8759.

Jul 23, 2019

US Dollar Index again confronts 7-week old resistance-line on fresh trade/political news

With fewer hurdles to the US government offices and likely resolution of the trade issue with China pleasing the greenback buyers, the US Dollar Index surges.

EUR/USD technical analysis: Drops below 1.12, teasing flag breakdown

EUR/USD printed session lows below 1.12 soon before press time. The US Dollar is pushing higher against most majors on lower odds of an aggressive Fed