PBOC sets USD/CNY reference rate at 7.1907 vs. 7.1992 previous

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1907, as compared to Friday's fix of 7.1992 and 7.2312 Reuters estimates.

Nov 18, 2024

EUR/USD hovers around 1.0550 near yearly lows amid cautious Fed, dovish ECB

The EUR/USD pair trades around 1.0550 during Monday’s Asian trading session, hovering near its yearly low of 1.0496, which was reached on November 14.

BoJ’s Ueda: Japan’s economy recovering moderately

The Bank of Japan (BoJ) Governor Kazuo Ueda said on Monday that the Japanese economy is recovering moderately despite weak signs.