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PBOC sets the Yuan reference rate 7.1167 on Tuesday

On Tuesday, the People’s Bank of China (PBOC) set the Yuan midpoint rate at 7.1167 vs. Monday’s 7.1315.

The Chinese central bank set the Yuan higher by 148-pips.

GBP/USD Price Analysis: Upside momentum fizzles near one-month high

GBP/USD bulls catch a breather around 1.2505, up 0.10% on a day, after visiting May month’s high amid the initial Asian session on Tuesday. While the
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EUR/USD Price Analysis: Bulls catch a breather above 1.1100

EUR/USD fades upside momentum while taking rounds to 1.1130 amid Tuesday’s Asian session. Although a short-term ascending trend channel formation seem
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