PBOC sets Yuan reference rate at 7.0865

The People's Bank of China (PBOC) has set the yuan reference rate at 7.0865 versus Thursday's fix at 7.0608.

Jun 12, 2020

US yield curve prices out prospects of V-shaped recovery

The sharp steepening of the Treasury yield curve seen last week has been reversed with the Federal Reserve (Fed) squashing hopes of faster economic re

GBP/JPY prints five-day losing streak to slip below 134.00, UK GDP eyed

GBP/JPY stands on a slippery ground near 133.85, down 0.63% on a day, amid the initial hour of Tokyo open on Friday. The pair drops for a fifth consec