PBOC's daily yuan fix: 6.7156 per dollar, topping the 6.6783 prediction
PBOC set USD/CNY reference rate at 6.7156 vs 6.6783 estimate, and repo operations resulted in net 609.5 billion yuan withdrawal.
Forex prices were little changed at Monday's open. Crude may be boosted by Iran's statement that a Hormuz meeting with Gulf states was postponed.
Indicative forex rates are little changed from late Friday's levels:
This report already looks likely to give crude a boost when futures open at 6pm US Eastern time:
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PBOC set USD/CNY reference rate at 6.7156 vs 6.6783 estimate, and repo operations resulted in net 609.5 billion yuan withdrawal.
NZDUSD held above 0.5579 support after weak NZ jobs data, but the rebound stalled at the 200-hour moving average, leaving the pair in a technical standoff.
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.
FXStreet's YouTube channel surpassed 1 million views in under two months, with over 1,500% year-over-year growth.