PBOC sets Yuan midpoint at 6.5127 Thu vs 6.5106 last

On Thursday, the Chinese central bank, PBOC, sets the USD/CNY reference rate at 6.5127 versus 6.5106 Wednesday close, devaluing the yuan for the second straight session.

Mar 10, 2016

NZD/USD heavy, 200-DMA tested on RBNZ surprise rate cut

The NZD/USD pair keeps pushing lower, as the NZD battering extends towards the Chinese open, as markets continue to digest the unexpected RBNZ rate cut move.

China PBOC injects CNY20 billion via OMOs today

MNI quoting traders, China PBOC injects CNY20 billion via 7-day reverse repos.