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PBOC sets USD/CNY reference rate at 6.3677

The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.3677 on Friday when compared to the previous fix and the previous close at 6.3542 and 6.3602 respectively.

China: Trade likely to remain firm amid robust exports and imports – TDS

Analysts at TD Securities (TDS) offer a sneak peek at what they expect from Friday’s Chinese trade data release. Key quotes “China's exports and impor
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EUR/USD Price Analysis: Bulls eye an extended rally towards monthly targets

The price of EUR/USD is leaving a monthly M-formation which is seen with ease on the line chart for which is a reversion pattern. The price would be e
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