PBOC sets USD/CNY at 6.1571

FXStreet (Bali) - People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.1571 vs 6.1531 yesterday. With bloomberg headlines adding that the PBOC is to drain 93bn yuan via 28-day repos and drain 79bn yuan via 14-day repos today.

Apr 15, 2014

GBP/JPY testing 171.50

The GBP/JPY broke above 170.15/20 during the recent American session and climbed to 170.50.

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Apr 15, 2014

RBA minutes: Rates to remain steady, repeats line on AUD value

Minutes of the Monetary Policy Meeting of the Reserve Bank Board in April revealed that the central bank remains comfortable keeping rates steady for some time.

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