The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1220, as compared to the previous day's fix of 7.1191 and 7.1208 Reuters estimates.
The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Thursday at 7.1220, as compared to the previous day's fix of 7.1191 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 has recaptured 0.6700 as buyers flex their muscles in Thursday's Asian trading. Stellar Australian labor data fan expectations of an extended RBA pause, putting a bid under the Aussie Dollar while the US Dollar retreats on China-driven risk flows. US Retail Sales are awaited. USD/JPY keeps the red below 149.
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