PBoC sets USD/CNY reference rate at 7.1049 vs 7.1053 previous

The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1049 as compared to the previous day's fix of 7.1053 and 7.2279 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 Australian Dollar registered gains against the US Dollar on Tuesday, even though inflation in the United States edged, spurring hawkish remarks by Fed Chair Jerome Powell. The AUD/USD trades near 0.6624, virtually unchanged as Wednesday’s Asian session commences.The USD/JPY pair trades in positive territory for the fourth consecutive day near 156.

Source: Digital Coin News (digitalcoinnews.net)

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