PBOC sets USD/ CNY mid-point today at 7.1719 (vs. estimate at 7.3000)
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
USDJPY hits resistance at key level; 50% midpoint at swing area
The USDJPY stretched to a swing high of 154.79. Earlier today in a post, I wrote: The next key target lies in the 154.77–154.967 zone,...
PBOC sets USD/ CNY mid-point today at 7.1691 (vs. estimate at 7.2535)
Earlier on China: *** People’s Bank of China USD/CNY reference rate. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the...
GBPUSD extends to the topside target area and above the 50% midpoint. Buyers in control
Early in the U.S. session, the price hovered around the 100- and 200-hour MAs, reflecting a choppy market awaiting direction. That push finally came from...
PBOC sets USD/ CNY mid-point today at 7.1696 (vs. estimate at 7.2642)
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)....
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)....
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...