The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Wednesday at 7.0968 as compared to the previous day's fix of 7.0985 and 7.1967 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 begins Wednesday’s Asian session virtually unchanged against the US Dollar, following Tuesday’s loss of 0.41%, after the Reserve Bank of Australia decision. The RBA kept rates unchanged, tilting more dovish than expected. That said, the AUD/USD trades near 0.6532.The EUR/USD pair trades on a flat note above the mid-1.
The Office for National Statistics will publish the UK CPI data for February on Wednesday. United Kingdom’s headline and core annual inflation are likely to fall; monthly CPI is set to jump.
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