PBOC sets USD/CNY reference rate at 7.1133 vs. 7.1135 previous

The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1133, as against the previous day's fix of 7.1135 and 7.2558 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 experienced mixed trading on Tuesday, facing some bearish pressure and lingering around the 0.6605 area. This shift occurred as sellers re-entered the market after a minor rebound on Monday. The ongoing Fed two-day meeting and the US May inflation data release will be the key drivers this week.

Source: Digital Coin News (digitalcoinnews.net)

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