PBOC set the yuan reference rate at 6.9387

The People's Bank of China (PBOC) set the yuan reference rate at 6.9387 vs the previous day's fix of 6.9275.

Oct 19, 2018

USD/JPY bulls taking on the bears and attacking trendline resistance

USD/JPY was slapped off its perch overnight as Europeans handover over a tired looking cross to the north American desks that took no risk in holding

15-minute Chart Spot Rate: 0.71 Daily High: 0.7104 Daily Low: 0.7089 Trend: Mildly bullish Resistance R1: 0.7106 (trendline hurdle) R2: 0.716