PBoC sets USD/CNY reference rate at 7.1117 vs. 7.1105 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1117 as compared to the previous day's fix of 7.1105 and 7.2033 Reuters estimates.

Jan 23, 2024

NZD/USD posts modest gains above the mid-0.6000s amid risk-on impulse

The NZD/USD pair posts modest gains above the mid-0.6000s during the early Asian trading hours on Tuesday.

Japanese Yen remains confined in range against USD, looks to BoJ for fresh impetus

The Japanese Yen (JPY) extends its sideways consolidative price move against its American counterpart during the Asian session on Tuesday and remains well within the striking distance of the lowest level since November 28 touched last week.