PBoC sets USD/CNY reference rate at 7.1084 vs. 7.1050 previous

The People’s Bank of China (PBoC) sets the USD/CNY central rate for the trading session ahead on Monday at 7.1084 as compared to the previous day's fix of 7.1050 and 7.1684 Reuters estimates.

Jan 15, 2024

EUR/USD posts modest gains above 1.0950 ahead of Eurozone Industrial Production data

The EUR/USD pair posts modest gains during the early Asian session on Monday.

PBoC keeps Medium-term Lending Facility (MLF) rate unchanged at 2.5%

The People’s Bank of China (PBOC), China's central bank kept the one-year Medium-term Lending Facility (MLF) rate steady at 2.50% on Monday.