PBoC sets USD/CNY reference rate at 7.1066 vs 7.1056 previous

On Monday, the People’s Bank of China set the USD/CNY central rate for the trading session ahead at 7.1066 as compared to Friday's fix of 7.1056 and 7.2579 Reuters estimates.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.AUD/USD trades in positive territory for six consecutive days around 0.6535 during the early Asian session on Monday. The upward momentum of the pair is bolstered by the hawkish stance from the Reserve Bank of Australia after the recent release of Consumer Price Index inflation data last week.EUR/USD trades on a stronger note around 1.

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PBoC sets USD/CNY reference rate at 7.0959 vs 7.0956 previousThe People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.0959 as compared to the previous day's fix of 7.0956 and 7.2300 Reuters estimates.
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