Sellers push USDCAD lower; support zone at 1.41922-1.4204 tested
USDCAD fell 0.48% as sellers regained control, testing support at 1.41922-1.4204 after failing to sustain a breakout above yearly highs.
18 min ago8 min read
PBOC fixes USD/CNY rate at 6.7811, above 6.7208 estimate
The PBOC set the USD/CNY reference rate at 6.7811, higher than the estimated 6.7208. It also injected 353bn yuan via reverse repos.
28/08/2026 07:251 min read
The yuan is allowed to trade within a band of plus or minus 2% from the reference rate set by the PBOC.
- The central bank injected 333bn yuan through overnight reverse repo operations
- It also injected 20bn yuan via 7-day reverse repos, with the rate unchanged at 1.4%
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