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PBOC sets USD/CNY reference rate at 7.1415 vs. 7.1464 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Monday at 7.1415, as against Friday's fix of 7.1464 and 7.1548 Reuters estimates.

USD/JPY retreats over 50 pips from Asian session peak, slides below mid-147.00s

The USD/JPY pair struggles to capitalize on its modest Asian session uptick to the 148.00 mark and drops to a fresh daily low in the last hour.
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