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24 Feb 2020

PBOC sets Yuan reference rate at 7.0246

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0246 versus Friday's fix at 7.0210.

Feb 24, 2020

AUD/USD struggles to fill the gap below 0.6625 as coronavirus-led risk-off continues

AUD/USD trades mildly weak to 0.6610 during the early Monday. Even so, the pair remains near 11-year low as global market players continue to adhere t

USD/CNH reverting back towards Dec highs

We have seen weakness in the yuan this year fulled by end of year flows in 2019 and the impact of a strong US dollar as well as the coronavirus. The c