StockNow
Log in
Global Economy

PBoC sets USD/CNY mid-point at 6.78822 vs exp. 6.7430 (prev. 6.7900)

StockNow breaking-news AI analysis

PBoC set the USD/CNY fix at 6.78822, significantly higher than expectations, signaling a policy preference for a weaker Yuan compared to market forecasts while maintaining stability near prior levels.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
Geopolitics

US President Trump says we totally control the Strait of Hormuz, while he added that he doesn't Trust Iran

Geopolitics

Projectile believed to be a North Korean-fired ballistic missile has already fallen, according to Japan's Coast Guard.

U.S. Markets

OpenAI and Amazon's (AMZN) AWS say they will expand their agreements to include frontier cyber models, with OpenAI bringing Daybreak access to Amazon Bedrock

AMZN