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nvesting.com – The People’s Bank of China set the yuan mid-point at 6.6473 against the dollar on Friday, compared to the previous close of 6.6435. The China Foreign Exchange Trade System sets the weighted average of prices given by market makers. The highest and lowest offers are excluded from the calculation. The central bank allows […]
Investing.com – The dollar held strength in Asia on Friday as the yen was hit by weaker than expected prices data and the euro and pound fell on tapering and Brexit concerns respectively. USD/JPY changed hands at 114.13, up 0.14%, while AUD/USD traded at 0.7659, own 0.01%. EUR/USD slipped 0.13% to 1.1637 and GBP/USD fell 0.24% to 1.3129. In Japan, national core CPI for […]
By Masayuki Kitano SINGAPORE (Reuters) – The euro inched higher on Thursday, as investors awaited details of the European Central Bank’s plans for scaling back its bond-buying stimulus program, while the dollar took a breather after its recent rally. The euro inched up 0.1 percent to $1.1819 <eur=>, having edged up from a two-week low of […]