PBOC sets USD/CNY reference rate at 7.0709 vs. 7.0794 Reuters estimates

On Tuesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0709, as compared to last Monday's fix of 7.0074 and 7.0794 Reuters estimates.

Oct 8, 2024

Japan’s Akazawa: Drop in real wages is not good news

Japan economy minister Ryosei Akazawa said on Tuesday that a decline in real wages for the first time in three months is not good news.

Australian Dollar gathers strength after RBA Minutes

The Australian Dollar (AUD) trades on a stronger note on Tuesday, snapping the three-day losing streak.