PBOC sets USD/CNY reference rate at 7.0742 vs. 7.0568 previous

On Thursday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0742, as compared to the previous day's fix of 7.0568 and 7.0734 Reuters estimates.

Oct 10, 2024

EUR/USD hangs near two-month low, seems vulnerable below mid-1.0900s ahead of US CPI

The EUR/USD pair oscillates in a narrow band below mid-1.0900s during the Asian session on Thursday and consolidates the recent heavy losses to a nearly two-month low touched the previous day.

Australian Dollar extends decline as traders brace for US CPI data

The Australian Dollar (AUD) extends its decline on Thursday.