PBOC sets USD/CNY reference rate at 7.1894 vs. 7.1986 previous

On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1894, compared with the previous day's fix of 7.1986 and expectations of 7.2783.

Sep 13, 2023

Gold Price Forecast: XAU/USD holds ground above $1,910 to retrace the recent losses

Gold price attempts to snap the previous day’s losses, trading higher around $1,910 per troy ounce during the early trading hours of the Asian session

GBP/USD consolidates in a familiar range around 1.2500 ahead of UK macro data, US CPI

The GBP/USD pair edges higher during the Asian session on Wednesday, albeit lacks follow-through and remains confined in a familiar range held over th