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PBOC sets Yuan reference rate at 7.0729

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0729 vs Wednesday's fix at 7.0724. The central bank was expected to announce the daily fix at 7.0947.

EUR/USD technical analysis: Eyes 1.09 after weakest daily close since May 2017

The path of least resistance for the EUR/USD pair is to the downside. The currency pair closed at 1.0942 on Wednesday, its weakest daily close in over
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USD/CAD sellers sneak in as trade-optimism confronts USD pullback

Not only recent declines of the USD but trade-positive news also trigger the USD/CAD pair’s pullback to 1.3260 during Thursday’s Asian session.
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