USD/CNY fix and rate cut: 6.8198 vs. the last close of 6.8170, 1 and 5 year LPR cut by 0.5%

In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.8198 vs. the last close of 6.8170. It also cut the 1 year loan prime
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EUR/USD Price Analysis: Reclaim of 1.0000 looks imminent

The EUR/USD pair has given a downside break of the consolidation formed in a narrow range of 1.0030-1.0046 in the Tokyo session. The asset is declinin
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