PBOC sets USD/CNY reference rate at 7.1792 vs. 7.1793 previous

On Monday, the People’s Bank of China (PBOC) fixed the USD/CNY central rate at 7.1792, compared with Friday’s fix of 7.1793 and market expectations of

On Monday, the People’s Bank of China fixed the USD/CNY central rate at 7.1792, compared with Friday’s fix of 7.1793 and market expectations of 7.3109. 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 continues the losing streak for the fourth successive day on Monday. The AUD/USD pair faces challenges due to a rebound in US Dollar amid upbeat US Treasury yields. The Aussie trades lower around 0.6310 on Monday, aligning with notable support at the 0.6300 level.

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