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 7.1433 vs. 7.1659 previous
Source Fxstreet
On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1433, as compared to the previous day's fix of 7.1659 and 7.1452 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
The Japanese Yen (JPY) rallied to the highest level since early February against its American counterpart on Friday amid bets for an imminent shift in the Bank of Japan's (BoJ) policy stance.
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
Elon Musk’s favorite cryptocurrency, Dogecoin (DOGE), could be on the verge of a massive parabolic rally following the recent victory of Republican U.S. presidential candidate Donald Trump.
Insights — Trump's re-election has sparked a surge in financial markets. S&P 500 futures rose 2%, the US dollar strengthened, and Bitcoin briefly hit a record high of $75,000.
Some clubs have lots of members. Others are more exclusive. Few, though, are as hard to get into as the $1 trillion club. To be admitted, a company must have a market cap containin