PBOC sets USD/CNY reference rate at 7.1323 vs. 7.1346 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1323, as against the previous day's fix of 7.1346 and 7.2167 Reuters estimates.

Aug 1, 2024

Iran orders attack on Israel in response for Haniyeh assassination

Iranian Supreme Leader Ali Khamenei has ordered a direct strike on Israel for the killing of Hamas chief Ismail Haniyeh, according to the New York Times on Wednesday.

USD/JPY drops below 149.00 as Fed keeps rate steady, signals September rate cut

The USD/JPY pair faces some selling pressure and drops below the 150.00 psychological level during the Asian session on Thursday.