PBOC sets yuan reference rate at 6.7623

The People's Bank of China (PBOC) set the yuan reference rate at 6.7623 vs the previous day's fix of 6.7744.

Feb 15, 2019

GBP/JPY Technical Analysis: bearish close below 23.6% Fib

Daily chart Trend: Bearish R3 144.26 R2 143.65 R1 142.51 PP 141.91 S1 140.77 S2 140.16 S3 139.03

Analysts at Morgan Stanley expect the Chinese Yuan to edge higher vs. the US dollar by this year-end amid an upturn in the Chinese economic recovery,