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 7.1885 vs. 7.1891 previous
Source Fxstreet
On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1885 as compared to Friday's fix of 7.1891 and 7.3442 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
The GBP/USD pair enters a bearish consolidation phase at the start of a new week and languishes near its lowest level since November 2023 touched on Friday, around the 1.2200 mark during the Asian session.
Bitcoin has been faced with a challenging start to 2025 with a rejection at the $100,000 mark. Notably, Bitcoin has been unable to hold substantially above the $100,000 price level since it first
The Australian Dollar (AUD) pauses its four-day losing streak against the US Dollar (USD) on Monday, stabilizing near its lowest level since April 2020.