The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Thursday at 7.1111, as against the previous day's fix of 7.1106 and 7.2663 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 Aussie Dollar tumbled more than 0.50% on Wednesday versus the Greenback amid elevated US Treasury yields, as another bond auction witnessed softer demand. The AUD/USD trades near 0.6608, almost flat as Thursday’s Asian session commences.EUR/USD pulled back sharply on Wednesday, falling back to the 1.0800 handle after broad risk appetite evaporated.
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