Investing.com – The kiwi fell in Asia on Wednesday despite a wider than expected budget surplus with the market turning its attention to a meeting of central bankers in Jackson Hole, Wyoming, this week. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose 0.05% to 93.47. New […]
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PBOC sets yuan parity at 6.633 vs dollar
nvesting.com – The People’s Bank of China set the yuan mid-point at 6.633 against the dollar on Wednesday, compared to the previous close of 6.6620. 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 […]
Forex – Kiwi down slightly ahead of budge estimates, dollar gains noted
Investing.com – The kiwi eased slightly in early trade on Wednesday in Asia with budget figures ahead to dominated the outlook with the dollar up strongly overnight. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was last quoted up 0.45% to 93.42. New Zealand reports its federal […]