On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1191, as compared to the previous day's fix of 7.0830 and 7.1208 Reuters estimates.
On Wednesday, the People’s Bank of China set the USD/CNY central rate for the trading session ahead at 7.1191, as compared to the previous day's fix of 7.0830 and 7.1208 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 holds recovery below 0.6700 in the Asian session on Wednesday, having hit over a one-month low amid the Chinese stimulus scepticism-led risk aversion. However, a renewed US Dollar selling aids the pair's rebound alongside RBA Hunter's hawkish remarks. USD/JPY is trading with mild losses near 149.00 early Wednesday.
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