PBOC sets USD/CNY reference rate at 7.0870 vs. 7.1030 last Friday

Fxstreet

Sep 18, 2024 1:16 AM

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0870, as against last Friday's fix of 7.1030 and 7.0828 Reuters estimates.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

The US Fed Cuts Rates Again: 4 Key Takeaways from Powell’s Latest Move

TradingKey - The US Federal Reserve (Fed) yesterday announced its second consecutive rate cut, trimming the federal funds rate by 25 basis points (bps) to a range of 4.50% to 4.75%.

TradingKey

Fri, Nov 8

EUR/USD falls apart on Wednesday in post-election Greenback rush

EUR/USD plummeted during the midweek market session, falling over 1.75% into the red and tumbling back below 1.0750 for the first time since July.

FXStreet

Thu, Nov 7

Donald Trump celebrates Bitcoin whitepaper’s 16th anniversary, makes new promises

Donald Trump jumped into Bitcoin whitepaper’s 16th anniversary with a direct message to Bitcoin supporters on X.

Cryptopolitan

Fri, Nov 1

Gold price retreats from record highs after mixed US data

Gold price retreated from all-time high on Thursday as traders failed to capitalize on falling US Treasury bond yields.

FXStreet

Fri, Nov 1

NFT Market Down 92%, Analyst Thinks This Is The Best Time To Invest

NFTs dominated headlines from late 2020 throughout 2021 before peaking in early 2022. By November 2020, the global NFT sales volume was around $8 million.

Bitcoinist

Thu, Oct 10