The People’s Bank of China set the USD/CNY central rate for the trading session ahead on Monday at 7.1086, as against the previous day's fix of 7.1088 and 7.2378 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 pair extends the rally near 0.6655 during the early Asian session on Monday. The uptick of the pair is bolstered by the weaker US Dollar after the US Personal Consumption Expenditure Price Index report showed that inflation cooled faster than expected in April.The EUR/USD pair extends the upside around 1.0850 on Monday during the early Asian session.
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