PBOC sets USD/CNY reference rate at 7.1249 vs. 7.1139 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1139, as against the previous day's fix of 7.1139 and 7.1245 Reuters estimates.

Aug 27, 2024

Gold price loses ground despite rising Fed rate cut bets, geopolitical risks

The Gold price (XAU/USD) trades in negative territory amid the modest recovery of the US Dollar (USD) on Tuesday.

Australian Dollar moves sideways around seven-month highs

The Australian Dollar (AUD) moves sideways against the US Dollar (USD) on Tuesday, holding a position just below the seven-month high of 0.6798 recorded on Monday.