PBOC sets Yuan reference rate at 7.0026 vs. Tuesday’s 6.9988

On Wednesday, China’s central bank, the People's Bank of China (PBOC), set the Yuan reference rate at 7.0026 versus Tuesday’s fix at 6.9988.

Meanwhile, the PBOC skips the open market operations (OMOs) yet again.

Nov 13, 2019

NZD/USD pops to 0.6420 as RBNZ announces no rate change

RBNZ again surprises global markets, this time positively, while turning down the expectations of a rate cut, which in turn propels NZD/USD to 0.6420.

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Nov 13, 2019

AUD/NZD technical analysis: Nosedives to 13-day low after RBNZ’s rate decision

With the RBNZ’s refrain from respecting the market consensus of a rate cut, AUD/NZD slumps to the low of 1.0677, before trading around 1.0690.

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