Australia Westpac Leading Index (MoM) dipped from previous 0.35% to -0.15% in April

May 18, 2022

US Dollar Index directs four-day downtrend towards 103.00 despite firmer yields

US Dollar Index (DXY) remains on the back foot for the fourth consecutive day, refreshing a weekly low around 103.20 by the press time of Wednesday’s

USD/CNY fix: 6.7421 vs the prior fix of 6.7854

In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7421 vs the prior fix of 6.7854 and the previous close of 6.7376. Abo