PBOC sets USD/CNY reference rate at 7.1106 vs. 7.1101 previous

The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1106, as against the previous day's fix of 7.1101 and 7.2528 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 registered minuscule losses against the US Dollar on Tuesday amid higher US Treasury yields. A softer-than-expected US 5-year Treasury note auction boosted the Greenback, which posed gains versus most other currencies. As the Asian session begins, the AUD/USD trades at 0.6649.USD/JPY drifted into the high end on Tuesday, testing towards 157.

Bitcoin declined briefly from the $70,000 mark on Tuesday as Semler Scientific and Mt Gox made notable whale moves. Glassnode also shared key on-chain insights that breathe clarity into the market's current state.If you listen to government officials and central bankers talk about price inflation, you might think they don’t have the foggiest idea of what caused it. It might have been supply chain problems, or perhaps it was Putin’s fault.

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PBoC sets USD/CNY reference rate at 7.1066 vs 7.1056 previousOn Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1066 as compared to Friday's fix of 7.1056 and 7.2579 Reuters estimates.
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PBoC sets USD/CNY reference rate at 7.1063 vs 7.1066 previousThe People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1063 as compared to the previous day's fix of 7.1066 and 7.2459 Reuters estimates.
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PBoC sets USD/CNY reference rate at 7.0994 vs 7.1063 previousThe People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Monday at 7.0994 as compared to the previous day's fix of 7.1063 and 7.2127 Reuters estimates.
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PBoC sets USD/CNY reference rate at 7.1002 vs 7.0994 previousThe People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1002 as compared to the previous day's fix of 7.0994 and 7.2143 Reuters estimates.
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PBoC sets USD/CNY reference rate at 7.1016 vs 7.1002 previousThe People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1016 as compared to the previous day's fix of 7.1002 and 7.2202 Reuters estimates.
Source: FXStreetNews - 🏆 14. / 72 Read more »

PBoC sets USD/CNY reference rate at 7.1028 vs 7.1016 previousThe People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1028 as compared to the previous day's fix of 7.1016 and 7.2238 Reuters estimates.
Source: FXStreetNews - 🏆 14. / 72 Read more »