PBOC sets yuan reference rate at 6.6857

The People's Bank of China (PBOC) sets the yuan reference rate at 6.6857 vs the previous day's fix of 6.6952.

Feb 27, 2019

USD/CAD took a U-turn from 200-day SMA, Canadian inflation and testimony by the Fed’s Powell eyed

The USD/CAD pair is on bids around 1.3175 during early Wednesday. The pair failed to extend Tuesday’s decline and bounced off the 200-day simple movin

GBP/USD Technical Analysis: Inverse head-and-shoulders breakout confirmed, but minor drop likely before further gains

GBP/USD closed yesterday at 1.3251, confirming an inverse head-and-shoulders breakout on the daily chart. So, further gains toward 1.34-1.35 could be