PBOC sets USD/CNY reference rate at 7.0989 vs. 7.0925 previous

On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0989, as against Friday's fix of 7.0925 and 7.0951 Reuters estimates.

Sep 9, 2024

EUR/USD holds ground below 1.1100, faces challenges due to rising odds of ECB rate cut

EUR/USD attempts to recoup losses from the previous session, trading near 1.1090 during Monday's Asian session.

Japan’s Hayashi on rate hikes: Monetary policy should be considered, judged by BoJ

Japan’s Chief Cabinet Secretary Yoshimasa Hayashi said on Monday that the “monetary policy should be considered, judged by the Bank of Japan (BoJ)” when asked about market expectations of further rate hikes by the BoJ.

Our best spreads and conditions

Octa trading app

IB partner program

Champion

Demo Contest

Copytrading App