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Wibest – USD to CNY: Chinese yuan bills coming out from an ATM machine.
Forex

Quick Look Today’s USD/CNY reference rate is set at 7.1059, below estimates

Wibest – Yuan: Chinese yuan bills
Forex

The Chinese yuan continues to weaken in today’s trading after the People’s

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Wibest – USD to CNY: Chinese yuan bills coming out from an ATM machine.

USD/CNY Set at 7.1059, PBOC Drains 237B Yuan

Quick Look Today’s USD/CNY reference rate is set at 7.1059, below estimates of 7.2011. PBOC injects 10 billion yuan via reverse repos, with net drain of 237 billion yuan. USD/CNY exchange rate stabilizes at

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Wibest – USD to CNY: Chinese yuan bills coming out from an ATM machine.

USD/CNY Set at 7.1059, PBOC Drains 237B Yuan

Quick Look Today’s USD/CNY reference rate is set at 7.1059, below estimates of 7.2011. PBOC injects 10 billion yuan via reverse repos, with net drain of 237 billion yuan. USD/CNY exchange rate stabilizes at 7.20 following positive PMI data.

USD GBP: British pound sterling coins.

GBP/USD Recovers to 1.2635 Amid Global Market Shifts

Quick Look GBP/USD trades around 1.2630-1.2635, recovering from a recent low. Key resistance and support levels were identified, with eyes on 1.2708 and 1.2499, respectively. US economic indicators show mixed signals; inflation is at a three-year low. Federal Reserve

Canadian Dollar skyrocketed

Sideways USD/CAD Awaits Key 1.3608 Breakout

Quick Look USD/CAD trades sideways around 1.3570 amidst mixed economic signals. Key resistance at 1.3608; breakout could target 1.3655 and 1.3700. The market is eyeing upcoming US Core PCE and Canadian GDP data for directional cues. Lower crude oil

Wibest – Yen exchange rate: USD and JPY bills.

USD/JPY: Inflation Drives to 155.50 Amid Policy Shifts

Quick Look USD/JPY shows a neutral intraday bias with sideways trading, support at 148.79, and a breakpoint at 150.87. The larger trend projection suggests an upward movement towards 155.50 from a base of 140.25. Japanese inflation rate in January

Wibest – USD to CNY: Chinese yuan bills coming out from an ATM machine.

USD/CNY Set at 7.1059, PBOC Drains 237B Yuan

Quick Look Today’s USD/CNY reference rate is set at 7.1059, below estimates of 7.2011. PBOC injects 10 billion yuan via reverse repos, with net drain of 237 billion yuan. USD/CNY exchange rate stabilizes at 7.20 following positive PMI data.

USD GBP: British pound sterling coins.

GBP/USD Recovers to 1.2635 Amid Global Market Shifts

Quick Look GBP/USD trades around 1.2630-1.2635, recovering from a recent low. Key resistance and support levels were identified, with eyes on 1.2708 and 1.2499, respectively. US economic indicators show mixed signals; inflation is at a three-year low. Federal Reserve

Canadian Dollar skyrocketed

Sideways USD/CAD Awaits Key 1.3608 Breakout

Quick Look USD/CAD trades sideways around 1.3570 amidst mixed economic signals. Key resistance at 1.3608; breakout could target 1.3655 and 1.3700. The market is eyeing upcoming US Core PCE and Canadian GDP data for directional cues. Lower crude oil

Wibest – Yen exchange rate: USD and JPY bills.

USD/JPY: Inflation Drives to 155.50 Amid Policy Shifts

Quick Look USD/JPY shows a neutral intraday bias with sideways trading, support at 148.79, and a breakpoint at 150.87. The larger trend projection suggests an upward movement towards 155.50 from a base of 140.25. Japanese inflation rate in January

BROKER NEWS

Wibest – USD to CNY: Chinese yuan bills coming out from an ATM machine.

USD/CNY Set at 7.1059, PBOC Drains 237B Yuan

Quick Look Today’s USD/CNY reference rate is set at 7.1059, below estimates of 7.2011. PBOC injects 10 billion yuan via reverse repos, with net drain of 237 billion yuan. USD/CNY exchange rate stabilizes at 7.20 following positive PMI data. The real estate and banking sectors face significant challenges. Upcoming

Wibest – USD to CNY: Chinese yuan bills coming out from an ATM machine.

USD/CNY Set at 7.1059, PBOC Drains 237B Yuan

Quick Look Today’s USD/CNY reference rate is set at 7.1059, below estimates of 7.2011. PBOC injects 10 billion yuan via reverse repos, with net drain of 237 billion yuan. USD/CNY exchange rate stabilizes at 7.20 following positive PMI data. The real estate and banking sectors face significant challenges.

USD GBP: British pound sterling coins.

GBP/USD Recovers to 1.2635 Amid Global Market Shifts

Quick Look GBP/USD trades around 1.2630-1.2635, recovering from a recent low. Key resistance and support levels were identified, with eyes on 1.2708 and 1.2499, respectively. US economic indicators show mixed signals; inflation is at a three-year low. Federal Reserve and Bank of England maintain a cautious stance on

Canadian Dollar skyrocketed

Sideways USD/CAD Awaits Key 1.3608 Breakout

Quick Look USD/CAD trades sideways around 1.3570 amidst mixed economic signals. Key resistance at 1.3608; breakout could target 1.3655 and 1.3700. The market is eyeing upcoming US Core PCE and Canadian GDP data for directional cues. Lower crude oil prices and recent GDP figures influence market sentiment. Technical

Wibest – Yen exchange rate: USD and JPY bills.

USD/JPY: Inflation Drives to 155.50 Amid Policy Shifts

Quick Look USD/JPY shows a neutral intraday bias with sideways trading, support at 148.79, and a breakpoint at 150.87. The larger trend projection suggests an upward movement towards 155.50 from a base of 140.25. Japanese inflation rate in January hits 2.2%, indicating potential shifts in BoJ’s monetary policy.

Wibest – USD to CNY: Chinese yuan bills coming out from an ATM machine.

USD/CNY Set at 7.1059, PBOC Drains 237B Yuan

Quick Look Today’s USD/CNY reference rate is set at 7.1059, below estimates of 7.2011. PBOC injects 10 billion yuan via reverse repos, with net drain of 237 billion yuan. USD/CNY exchange rate stabilizes at

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