PBOC sets USD/CNY reference rate at 7.1268 vs. 7.1270 previous

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The People’s Bank of China (PBOC) set the USD/CNY central rate on Friday at 7.1268, as against the previous day's fix of 7.1270 and 7.2727 Reuters estimates.

The People’s Bank of China set the USD/CNY central rate on Friday at 7.1268, as against the previous day's fix of 7.1270 and 7.2727 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.USD/JPY resumes its uptrend and hits a fresh 38-year high above 161.00 in the Asian session on Friday. The pair regained upside traction after hotter-than-expected Japanese CPI data. Markets see limited reaction to the first US Presidential election debate, as US PCE is eyed. AUD/USD is falling back toward 0.6600 in the Asian session on Friday.

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