Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
PBOC sets USD/CNY reference rate at 7.1659 vs. 7.0993 previous
Source Fxstreet
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1659, as compared to the previous day's fix of 7.0993 and 7.1679 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
As one of the most traded currency pair in the forex markets, the price of EURUSD affects many traders. Check out our EURUSD long-term forecast for more information.
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
After a week or so when investors were more focused on the stock's lofty valuation and concerns about the momentum of artificial intelligence (AI) adoption, Palantir Technologies (NYSE: PLTR) delivered a third-quarter report on Tuesday morning that helped the stock shake off its brief malaise and sent it sharply higher.
In Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) third-quarter earnings report, there weren't any massive surprises about the company's businesses themselves. Insurance underwriting profits declined significantly, but with a particularly bad hurricane season, this wasn't too alarming.