PBOC conducts a targeted MLF on Tuesday

On Tuesday, the People’s Bank of China (PBOC), the Chinese central bank, conducted a Targeted Medium Lending Facility (TMLF).

Jul 23, 2019

AUD/USD technical analysis: Declines towards 4H 100MA, 5-week old support-line

The AUD/USD pair’s sustained break of 8-day long rising trend-line drags it to 0.7025 during early Tuesday.

USD/CNH technical analysis: Looks north with falling channel breakout

The path of least resistance for USD/CNH is on the higher side, technical charts indicate. The pair closed at 6.8834, confirming a falling channel bre