PBOC sets USD/CNY reference rate at 7.1982 vs. 7.1910 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1982, as compared to the previous day's fix of 7.1910 and 7.2535 Reuters estimates.

Nov 27, 2024

AUD/NZD dives to one-week low, around 1.1030 after RNBZ’s expected 50 bps rate cut

The AUD/NZD cross attracts heavy selling after the Reserve Bank of New Zealand (RBNZ) announced its policy decision and dives to a one-week low, around the 1.1030 region during the Asian session on Wednesday.

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Nov 27, 2024

Australian Dollar rises following the RBNZ 50 bps interest rate cut

The Zealand Dollar (NZD) breaks its five-day losing streak against the US Dollar (USD) following the Reserve Bank of New Zealand's (RBNZ) interest rate decision on Wednesday.

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