PBOC sets Yuan reference rate at 6.8472

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8472 vs Thursday's fix at 6.8805.

Jun 21, 2019

USD/CNH sell-off stalls near 38.2% Fib retracement level

The sell-off in USD/CNH pair seems to have stalled near 6.8527, which is the 38.2 percent Fibonacci retracement of the rally from April 18 lows to Jun

Gold levels shoot into unchartered waters, bulls eye $1400s

Technically, yesterday, the price of gold just kept going well beyond the daily Average True Range. However, the upside might be done for now while th