Investing.com – The People’s Bank of China set the yuan mid-point at 6.6285 against the dollar on Thursday, compared to the previous close of 6.6425, the fourth straight weaker fixing. 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 […]
Category: All Category
Forex – Kiwi Moves Lower After Downbeat N.Z. Data, Aussie Holds Steady
Investing.com – The New Zealand dollar moved lower against its U.S. counterpart on Tuesday, while the Australian dollar held steady after the release of downbeat New Zealand business confidence data and amid fresh geopolitical concerns. NZD/USD dropped 0.49% to trade at 0.7239, the lowest since September 15. Earlier Tuesday, data showed that New Zealand’s ANZ […]
Forex – PBOC Sets Yuan Parity At 6.6076 Vs Dollar, 1-Month Low
Investing.com – The People’s Bank of China set the yuan mid-point at 6.6076 against the dollar on Tuesday, compared to the previous close of 6.5945, a one-month low. 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 […]