PBOC sets USD/CNY mid-point at 6.3494

FXStreet (Bali) - PBOC set today's USD/CNY mid-point at 6.3494 vs Monday's close of 6.3529 and prior mid point at 6.3549. People’s Bank of China to inject 10bn yuan today via 7-day reverse repos.

EUR/USD: getting set up for a busy week ahead

EUR/USD remains within the cluster of hourly 20 and 50 MA's with price well below the 200 SMA on the hourly time frame, indicating a pause in the heavy supply as price consolidates with a minor recovery taking place from the 23rd October lows of 1.0999.
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