WTI touches one-week high, eyes $57.00 amid rising geopolitical tensions

West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a positive note and touch a one-week top, around the $57.00 neighborhood during the Asian session. The intraday rise, however, lacks bullish conviction amid a combination of diverging forces.

PBOC sets USD/CNY reference rate at 7.0572 vs. 7.0550 previous

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0572 compared to Friday's fix of 7.0550 and 7.0407 Reuters estimate.

GBP/USD gains ground near 1.3400 ahead of UK Q3 GDP data

GBP/USD gains ground after three days of losses, trading around 1.3390 during the Asian hours on Monday. The pair depreciates as the Pound Sterling (GBP) holds ground ahead of the release of the United Kingdom (UK) Gross Domestic Product (GDP) for the third quarter.

PBOC leaves Loan Prime Rates unchanged in December

The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively. 

NZD/USD recovers slightly from over two-week low; bulls lack conviction above mid-0.5700s

The NZD/USD pair attracts some dip-buyers near the 0.5745-0.5740 region during the Asian session on Monday, and for now, seems to have stalled its retracement slide from the highest level since October, touched earlier this month.