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PBOC sets yuan reference rate at 6.8894

The People's Bank of China (PBoC) fixed the yuan's reference rate at 6.8894 for Thursday compared to the previous session's 6.8825.

In Open Market Operations, the PBoC also injected 250 billion yuan via 7-day repo operations, bringing the day's OMOs to a net 30 billion yuan after the day's 120-billion maturity.

Crude steadying after surge upwards, WTI balancing above $45.00

Crude markets saw a rebound yesterday, with WTI prices climbing sharply to peak near 46.80 after recovering from an 18-month low of 42.14 as investors
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USD/JPY Technical Analysis: Slipping back into 111.00 as buyers disappear

USD/JPY, 5-Minute The Dollar-Yen pairing still remains firmly bearish in the near-term, lacking a workable higher low for bidders to launch from
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