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Is it a bird? Is it a plane? No, it’s gold! Gold entered a flying mode at the beginning of March, surpassing its previous record high of $2,135 hit on March 7. ....
In an uncertain monetary environment where the Federal Reserve has yet to announce interest rate cuts, China’s central bank is seeing potential moves to increase activity constrained by pressures on the yuan. ....
On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0938 as compared to Friday's fix of 7.0950 and 7.2191 Reuters estimates. ....