On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0969 as compared to Friday's fix of 7.0978 and 7.1869 Reuters estimates.
On Monday, the People’s Bank of China set the USD/CNY central rate for the trading session ahead at 7.0969 as compared to Friday's fix of 7.0978 and 7.1869 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.The AUD/USD moves sideways with a positive bias to extend its winning streak for the fourth consecutive session on Monday, supported by a weaker US Dollar. However, the benchmark S&P/ASX 200 Index witnessed a decline at the beginning of the week, retreating from all-time highs.The Japanese Yen continues to draw support from expectations for a hawkish BoJ pivot.
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