PBOC sets USD/CNY reference rate at 7.0568 vs. 7.0709 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.0568, as compared to the previous day's fix of 7.0709 and 7.0565 Reuters estimates.

Oct 9, 2024

AUD/NZD rallies to 1.1050, highest since August 16 after RBNZ’s 50-bps rate cut

The AUD/NZD cross rebounds from a one-week low touched during the Asian session on Wednesday and the buying interest picks up pace after the Reserve Bank of New Zealand (RBNZ) announced its policy decision.

New Zealand Dollar tumbles as RBNZ cuts interest rate by 50 bps

The New Zealand Dollar (NZD) loses momentum to near the lowest level since mid-August on Wednesday.