The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Thursday at 7.1098, as against the previous day's fix of 7.1077 and 7.2451 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 registered losses after the Federal Reserve hinted at raising rates if inflation warranted it, according to the latest meeting minutes. Therefore, US Treasury yields edged up, while the Greenback rose more than 0.20%, as depicted by the US Dollar Index. As Thursday’s Asian session begins, the pair trades around 0.6618.
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