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PBOC sets the Yuan reference rate at 6.8546

The People's Bank of China (PBOC) set the yuan reference rate at 6.8546 vs Tuesday's fix of 6.8488.

USD/JPY bears run out of steam - target 111.88

USD/JPY was picking up the bid to 111.64 the high although traders were unlikely to push much higher ahead of the PPI data tonight and CPI the followi
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US 2Y treasury yield jumps to highest since 2008

The yield on the two year Treasury note rose to 2.75 percent yesterday- the highest level since 2008. Meanwhile, the 10-year treasury yield jumped to
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