PBOC sets Yuan reference rate at 7.0668

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0668 versus Monday's fix at 7.0680. The markets were expecting the PBOC to announce the daily fix at 7.0708.

Oct 22, 2019

Canadian election results trickling in: Liberals are in the lead in Eastern Canada

Canada’s federal election results have started to trickle in - However, we will not get the full picture until much later in the shift, circa 0200GMT

NZD/USD technical analysis: On the bids towards 0.6450/55 resistance confluence

With its sustained trading beyond 50-day Exponential Moving Average (EMA), NZD/USD rises to the five-week high while taking the bids to 0.6430.