PBOC sets USD/CNY reference rate at 7.1316 vs. 7.1270 previous

On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1316, as against the previous day's fix of 7.1270 and 7.2522 Reuters estimates.

Jul 29, 2024

Golan Heights attack raises concerns about Hezbollah-Israel war

Israel authorised a retaliation attack against Hezbollah in Lebanon, amid an American-led diplomatic push to contain the fallout from a strike that killed 12 young people in Israel-controlled Golan Heights, per the Wall Street Journal.

Australian Dollar appreciates due to hawkish sentiment surrounding RBA

The Australian Dollar (AUD) extends its gains against the US Dollar (USD) for the second session on Monday.