PBoC sets USD/CNY reference rate at 7.1775 vs. 7.1776 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1775 as compared to the previous day's fix of 7.1776 and 7.3179 Reuters estimate.

Oct 13, 2023

Gold Price Forecast: XAU/USD trades with modest gains above $1,970, lacks bullish conviction

Gold price (XAU/USD) attracts some buying during the Asian session on Friday and for now, seems to have stalled the previous day's retracement slide f

EUR/USD steadily climbs closer to mid-1.0500s on softer USD, upside potential seems limited

The EUR/USD pair finds some support in the vicinity of the weekly low, around the 1.0525-1.0520 area, and ticks higher during the Asian session on Fri