PBOC sets Yuan reference rate at 7.0852

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0852, missing the market expectation of 7.0955, but above Thursday's fix at 7.0878.

Sep 5, 2019

USD/JPY: Bulls running into potential supply despite risk-on toe

USD/JPY rose from 106.05 pre-Hong Kong news which helped to spur on a risk rally across markets which helped the pair to run to a high in the 106.40s.

NZD/USD technical analysis: On its way to 0.6392/94 resistance-confluence amid bullish MACD

Having successfully breached a downward-sloping trend-line since August 09, NZD/USD takes the bids to a week’s high, around 0.6370, during early Thursday.