PBOC sets USD/ CNY mid-point today at 7.1887 (vs. estimate at 7.3435)
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB)....
Tag : midpoint
EURUSD trades to new highs and back above the 50% midpoint on the daily chart
The EUR/USD is edging higher, reaching a new daily high while breaking above the 50% midpoint of the trading range since the September 2022 low,...
EURUSD lower on the day and below the 50% midpoint of the range since 2022
The EURUSD moved higher on Friday but stalled at 1.0446. That was just short of a swing level on the daily chart at 1.0448. Today...
PBOC sets USD/ CNY mid-point today at 7.1880 (vs. estimate at 7.2838)
The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to...