PBOC sets USD/CNY reference rate at 7.1918 vs. 7.1942 previous

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1918, as compared to Friday's fix of 7.1942 and 7.2257 Reuters estimates.

Nov 25, 2024

EUR/USD finds resistance around 1.0500 after rebounding from two-year lows

EUR/USD recovers from its two-year low of 1.0332, recorded on Friday, trading near 1.0480 during Monday's Asian session.

GBP/USD climbs to 1.2600, away from multi-month low set on Friday on weaker USD

The GBP/USD pair opens with a bullish gap at the start of a new week and for now, seems to have snapped a three-day losing streak to sub-1.2500 levels, or its lowest level since May touched last Friday.