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PBOC sets the Yuan reference rate at 6.8220

People's Bank of China (PBOC) set the Yuan reference rate at 6.8220 vs. Friday's fix of 6.8238.

Italy to bail out two more banks after ECB warning

Italy’s government will be bailing out Banca Popolare di Vicenza and Veneto Banca at a cost of EUR 5.2 billion. The banks' "good" assets will be taken
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AUD/USD: attempting to reestablish upward momentum?

AUD/USD is currently trading at 0.7568 with a high of 0.7573 and a low of 0.7562. AUD/USD has been consolidated between 0.7560/80 within a reversal o
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