PBOC sets USD/CNY reference rate at 7.1386 vs. 7.1318 previous

On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1386, as against the previous day's fix of 7.1318 and 7.1481 Reuters estimates.

Aug 7, 2024

WTI recovers to near $72.50 as fear of wider Middle East conflict spurs buying

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.50 on Thursday.

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Aug 7, 2024

Australian Dollar continues to gain ground due to hawkish RBA

The Australian Dollar (AUD) extends its gains against the US Dollar (USD) for the second consecutive session on Wednesday.

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