The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.
1778 as compared to the previous day's fix of 7.1779 and 7.3327 Reuters estimate.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. You should do your own thorough research before making any investment decisions.
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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.Australian Dollar moves downward on the rising US Dollar. Australia’s central bank is expected to raise policy rates; contributing support for the AUD. Chinese report revealed a decline in both manufacturing and non-manufacturing PMI for September. Downbeat US Treasury yields could limit the advance of the Greenback.
Bitcoin price might be doing well for itself, which is evident in the recent moves of the whale addresses. However, the cryptocurrency is still likely to continue its uptrend thanks to certain factors.Mullen Automotive stock opened higher on Tuesday, a relief for shareholders who were dealt a 9.3% decline to start the week on Monday.
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