PBOC sets Yuan reference rate at 6.8606

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8606 versus Monday's fix at 6.8664.

Jan 21, 2020

Trump: Heading to Davos and additional hundreds of billions of dollars back to USA

US Presedent Donald Trump has recently tweeted the following: Heading to Davos, Switzerland, to meet with World and Business Leaders and bring Good Po

JP Morgan's global FX volatility index hits record low

JP Morgan's FX volatility index – a measure of expected volatility in the future based on options prices – has dropped to a record low of 5.21, as not