PBOC sets Yuan reference rate at 7.0570

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0570 vs Friday's fix of 7.0572. The markets were expecting the central bank to announce the fix at 7.0528.

Aug 26, 2019

US two-year yield hits lowest since September 2017

US two-year Treasury yield fell to 23-month lows in the early Asian hours today, possibly due to heightened Sino-US trade tensions and the resulting f

USD/CNH retraces from record high amid US-China trade war

USD/CNH fails to hold on to early-day recovery to the fresh record high of 7.1838 as it declines to 7.1590 by the press time of Asian session on Monday.