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PBOC sets Yuan reference rate at 6.8677

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8677 vs Wednesday's fix of 6.8856. 

USD/CNH technical analysis: Drops 0.30% making 6.90 the level to beat for bulls

USD/CNH dropped 0.30% on Wednesday, courtesy of Federal Reserve's Chairman Jerome Powell's dovish testimony and the resulting six basis point drop in
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WTI technical analysis: WTI printing a strong bullish candle

On a fundamental basis, which has driven the price of WTI higher, the US is considering letting Venezuelan waivers expire for Chevron and other US com
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