PBOC sets USD/CNY reference rate at 7.1097 vs. 7.1083 previous

The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1097, as against the previous day's fix of 7.1083 and 7.2418 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 reversed its course and registered losses of 0.60% against the US Dollar on Tuesday, even though data from the United States sparked speculations that the Fed would cut rates in the year. As the Wednesday Asian session begins, the AUD/USD trades near 0.6648.The USD/JPY pair gathers strength near 155.

Source: Digital Coin News (digitalcoinnews.net)

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