PBOC sets USD/CNY reference rate at 7.1345 vs. 7.1376 previous

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PBOC sets USD/CNY reference rate at 7.1345 vs. 7.1376 previous
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The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Monday at 7.1345, as against the previous day's fix of 7.1376 and 7.1912 Reuters estimates.

The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Monday at 7.1345, as against the previous day's fix of 7.1376 and 7.1912 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 0.6505 during the early Asian session on Monday. The downbeat Australia's Judo Bank Services Purchasing Managers Index weighs on the Aussie. Investors await the US ISM Services PMI ahead of the Reserve Bank of Australia interest rate decision on Tuesday. The EUR/USD pair extends the rally near 1.

Data from Cryptogics, a data platform tracks the traffic to cryptocurrency exchanges and ranks the platforms based on it. Kraken ranks among the top 10 platforms. The platform tracked 6 million visits to the exchange platform in July 2024. RBA decides on policy as hike bets disappear. BoJ Summary of Opinions awaited for more hike hints. After Fed, Dollar turns to ISM non-manufacturing PMI. New Zealand and Canada jobs data also on tap.

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