PBoC sets USD/CNY reference rate at 7.1140 vs. 7.1127 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1149 as compared to the previous day's fix of 7.1127 and 7.1476 Reuters estimates.

Dec 6, 2023

AUD/USD attracts some buyers above 0.6570 following the Australian GDP data

The AUD/USD pair climbs to 0.6575 during the early Asian trading hours on Wednesday.

BoJ’s Himino: Will patiently maintain easy policy until sustained achievement of price target is eyed

Bank of Japan (BOJ) Deputy Governor Ryozo Himino said on Wednesday, the “BoJ will patiently maintain easy policy until sustained and stable achievement of price target is in sight.” Additional comments Japan's financial system is likely resilient enough to weather stress from transition to higher interest rates.