PBOC sets USD/CNY reference rate at 6.8912 vs. 6.8926 previous

On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate at 6.8912 versus Thursday’s fix of 6.8926 and market expectations of 6.8914.

Jan 6, 2023

China's curbs on Australian commodities may lift in unofficial manner – Bloomberg

Citing Hans Hendrischke, professor of Chinese Business and Management at the University of Sydney, Bloomberg reported that China could ease its trade

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Jan 6, 2023

AUD/USD extends upside above 0.6770 on China-Aussie trade optimism

The AUD/USD pair picked strength after a perpendicular fall to near 0.6740 in the late New York session. The Aussie asset has extended its recovery mo

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