6.8715 vs. the last close of 6.8788
On Wednesday, the People’s Bank of China (PBOC) set the yuan at 6.8715 as compared to its last close of 6.8788. This comes amidst China’s strict control over the yuan’s rate on the mainland. It is important to note that the onshore and offshore yuan differ in trading restrictions. The offshore yuan (CNH) is not […]
Hacker Ronin Attempts To Scam $200 Million From Hacker Euler Finance
Hacker Ronin Attempts To Scam $200 Million From Euler Finance: An Analysis The world of cryptocurrency remains a hotbed of criminal activity, with hackers constantly on the lookout for ways to exploit vulnerabilities and make a quick buck. The latest incident in the ongoing saga of cryptocurrency theft involves a hacker known as Ronin attempting […]
GBP/JPY struggles to extend two-day uptrend below 162.00 as UK inflation, Brexit vote loom
GBP/JPY Exchange Rate Remains Sidelined Ahead of Multiple Data and Events The GBP/JPY exchange rate has remained largely unchanged, hovering near 161.70 as it pares the recent gains ahead of the key day comprising multiple data/events. This has put a halt to its brief two-day uptrend. The market is awash with concerns regarding the negative […]