Yuan fix at lowest level since Sept 2010

The Chinese central bank, PBOC, sets the Yuan reference rate at the weakest levels since September 2010. The USD/CNY midpoint was fixed at 6.7008 versus 6.6778, as the Chinese markets re-opened today after Golden Week holidays.

Oct 10, 2016

NZD/USD off-highs, drops back towards 0.7150

The bid tone behind the NZD is seen weakening a bit in the Asian trades this Monday, sending NZD/USD lower to near 5-DMA located at 0.7169. NZD/USD r

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Oct 10, 2016

Moody's: Australian major banks face rising but manageable risks in commercial property

The US-based rating agency, Moody’s Investor Service, published their latest report on the Australian banking system, underscoring the growing settlem

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