PBoC sets USD/CNY reference rate at 7.1075 vs. 7.1057 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1075 as compared to the previous day's fix of 7.1057 and 7.2023 Reuters estimates.

Feb 28, 2024

NZD/USD plummets to over one-week low, bears eye 0.6100 mark after RBNZ

The NZD/USD pair attracts heavy selling after the Reserve Bank of New Zealand (RBNZ) announced its policy decision and dives to over a one-week low in the last hour.

Australian Dollar retraces recent gains after Aussie CPI, RBNZ interest rate decision

The Australian Dollar (AUD) faces challenges following the release of cooler-than-anticipated Monthly Consumer Price Index (CPI) data from Australia on Wednesday.