PBOC sets USD/CNY reference rate at 7.1911 vs. 7.1907 previous

The People's Bank of China set the onshore Yuan (CNY) reference rate for the trading session ahead on Tuesday at 7.1911 as compared to the previous day's fix of 7.1907 and 7.2305 Reuters estimate.

Nov 19, 2024

RBA minutes: Vigilant to upside inflation risks, policy must remain restrictive

The Reserve Bank of Australia (RBA) published the Minutes of its November monetary policy meeting on Tuesday, highlighting that the board remains vigilant to upside inflation risks and believes policy needs to remain restrictive.

Japanese Yen edges higher against USD; bulls seem non-committed

The Japanese Yen (JPY) ticks higher against its American counterpart during the Asian session on Tuesday, albeit it lacked bullish conviction in the wake of the uncertainty over the timing of another interest rate hike by the Bank of Japan (BoJ).