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AI Market Outlook for June 24, 2024
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From @LiveSquawk|Jun 23, 2024|1 commentpost: China PBoC Sets Yuan Mid-Point At 7.1201 / Dollar VS Last Close 7.2609PBOC sets USD/ CNY reference rate for today at 7.1201 (vs. estimate at 7.2647) PBOC CNY reference rate setting for the trading session ahead. Below is an extract from Eamonn’s handy posts regarding the midpoint setting, and here is some further explanation of what it is and how it works. 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 rate than expected is typically considered a signal from the PBOC. Previous setting was 7.1196.
From forex.com|Jun 23, 2024Gold and copper were looking good until late Friday, bouncing strongly following recent weakness, the former talking out key levels in the process. Then along came the latest US ...
From bnnbloomberg.ca|Jun 23, 2024|6 commentsJapan’s top currency official Masato Kanda told reporters the country’s authorities stand ready to intervene in the currency markets 24 hours a day if action is deemed necessary. ...
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From apnews.com|Jun 23, 2024Weekend number two was just as joyous for “Inside Out 2.” The Pixar sequel collected $100 million in ticket sales in its second weekend, according to studio estimates Sunday, ...
From westpac.co.nz|Jun 23, 2024The latest GDP figures revealed that economic growth in the early part of the year was a touch firmer than we had expected. However, that’s still left us with a picture of weak ...
From morningstar.com|Jun 23, 2024The Bank of Japan's policy board discussed the possibility of raising interest rates further amid concerns over lingering inflationary pressure, according to a summary of opinions ...
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- Posted: Jun 23, 2024 9:28pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 3,726
