PBOC sets USD/ CNY mid-point today at 7.1212 (vs. estimate at 7.1512)

[ad_1] The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate. CNH is the offshore yuan. USD /CNH has no restrictions on its trading range. A significantly stronger or weaker

Australian Dollar Price Action Setups: AUD/USD, GBP/AUD

[ad_1] AUD/USD, GBP/AUD PRICE, CHARTS AND ANALYSIS: Most Read: Gold Price Forecast: Rejection at $2000 Level Leaves the Door Open for a Move Lower Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Reserve Bank of Australia

Bitcoin rises 5.7% to $37,802 By Reuters

[ad_1] © Reuters. FILE PHOTO: A representation of cryptocurrency bitcoin is seen in front of a stock graph and U.S. dollar in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/File Photo (Reuters) – rose 5.7 % to $37,802 at 2129 GMT on Wednesday, adding $2,044 to its previous close. Bitcoin, the world’s biggest and best-known

BOE Rate Extension Period Fuels Sterling Strengthening

[ad_1] Sterling strengthened against most other currencies, after Bank of England Governor Andrew Bailey and two other policymakers told the Treasury Select Committee that there is a possibility that the bank rate will be paused at 5.25% for an extended period. Catherine Mann, a member of the Monetary Policy Committee, was also present and warned

Rejection at $2000 Level Leaves the Door Open for a Move Lower

[ad_1] GOLD (XAU/USD) PRICE FORECAST: MOST READ: USD/CAD Remains Rangebound as Canadian CPI Falls More Than Expected. Where to Next? Gold prices continue to find acceptance above the $2000/oz a step to far. Yesterday saw an aggressive push above the resistance level only foe the Daily Candle to close back below the psychological level. Another