Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
PBOC sets USD/CNY reference rate at 7.0731 vs. 7.0742 previous
Source Fxstreet
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.0731, as compared to the previous day's fix of 7.0742 and 7.0737 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
TradingKey - In 2025, gold prices steadily climbed, posting a stunning 56% gain; silver's rally was even more potent, surging over 100% year-to-date and breaching the $61 mark. Since November, copper
Solana (SOL) targets a breakout above $145 as four days of ETF inflows, rising futures open interest, and growing on-chain liquidity signal a return of bullish momentum.
Silver (XAG/USD) enters a bullish consolidation phase during the Asian session and oscillates in a narrow range near the all-time peak, around the $61.00 neighborhood, touched this Wednesday.
TradingKey - Global oil prices extended declines Tuesday, erasing last week's gains. WTI and Brent crude futures fell further, pressured by renewed Iraqi supply and Saudi price cuts, despite looming F