OctaFX | OctaFX Forex Broker
Open trading account
Back

PBOC lets 3 central banks to trade in onshore forex market

FXStreet (Mumbai) - In its latest effort to open up China’s forex markets, the country’s central bank PBOC announces that first seven financial institutions have registered for entry to the country's FX market, Reuters reports.

Out the seven financial institutions, three foreign central banks will be allowed to trade in onshore forex markets. PBOC further stated that the Reserve Bank of Australia (RBA) is among the first batch of central banks.

Faster than expected Fed tightening could push Eurozone yields higher – ECB’s financial stability review

The latest ECB’s financial stability review says the faster than expected Fed tightening could push the government bond yields across the Eurozone higher.
Read more Previous

EUR/GBP weaker, slumps to 0.7030

The increasing offered tone around the single currency has dragged EUR/GBP to fresh daily lows in the vicinity of 0.7030...
Read more Next
Start livechat