The People’s Bank of China (PBOC) set the USD/CNY central rate on Monday at 7.1313, as against the previous day's fix of 7.1300 and 7.2548 Reuters estimates.
The People’s Bank of China set the USD/CNY central rate on Monday at 7.1313, as against the previous day's fix of 7.1300 and 7.2548 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 pair trades on a weaker note around 0.6770, snapping the four-day winning streak during the early Asian session on Monday. The recovery of the US Dollar provides some support to the pair.EUR/USD attracts some sellers around 1.0885 during the early Asian session on Monday. The major pair edges lower amid risk aversion, triggering a fresh bid of the US Dollar.
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