USD appears friendless in Asia trade (except for the PBoC propping it up!) ...Middle East

News by : (forex live) - Monday 26/05/2025 - 04:58 AM (2025-5-26)

EUR, GBP (highest since February of 2022!), NZD, CAD, CNH all rising also.

PBOC sets USD/ CNY reference rate for today at 7.1833 (vs. estimate at 7.1737)

Offshore yuan is rising regardless:

Offshore yuan is hitting its highest since early November last year This article was written by Eamonn Sheridan at www.forexlive.com.

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USD appears friendless in Asia trade (except for the PBoC propping it up!) ...Middle East

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