The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Monday at 7.1042 as compared to the previous day's fix of 7.1045 and 7.2162 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 trades with a mild positive bias near 0.6695 during the early Asian session on Monday. The weaker US Dollar provides some support to the pair. The markets remain unconvinced that the Fed will pivot earlier than previously expected. The EUR/USD pair trades on a stronger note around 1.0875 on Monday during the early Asian trading hours.
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