The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1124, as against the previous day's fix of 7.1280 and 7.1116 Reuters estimates.
The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Friday at 7.1124, as against the previous day's fix of 7.1280 and 7.1116 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 rose by 0.30% to 0.6810 in Thursday's session. The Aussie has been supported by rising commodity prices, particularly iron ore, which is Australia's largest export. However, a weak Q2 capex survey and continued weakness in non-mining business investment might weigh on the currency.The EUR/USD pair recovers some lost ground around 1.
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