Euro rebounds as midterm wins weigh on dollar and markets reprice fiscal outlook
The euro rebounded versus the dollar as Democratic midterm wins pointed to fiscal restraint; the ECB held rates but Lagarde said a hike was debated.
7 h ago9 min read
China's yuan reference rate set at 6.7180, above estimate
The PBOC set the yuan midpoint at 6.7180, above the 6.6811 estimate, and made a net withdrawal of 514.5 billion yuan.
04/11/2026 02:032 min read
Around this reference rate, the People's Bank of China permits the yuan to move up or down by as much as 2%.
The PBOC injected 257.5 billion yuan through an overnight reverse repurchase operation.
- Overnight reverse repos worth 621 billion yuan came due.
- Seven-day reverse repos amounting to 151 billion yuan matured.
- The result was a net withdrawal of 514.5 billion yuan.
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