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PBoC sets USD/CNY reference rate at 7.0943 vs. 7.0996 previous
Source Fxstreet
On Tuesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0943 as compared to the previous day's fix of 7.0996 and 7.2037 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
The Australian Dollar (AUD) gives back its early gains after rising to near 0.6975 and turns marginally lower at around 0.6964 against the US Dollar (USD) during the European trading session on Tuesday.
The USD/JPY pair attracts some buyers following the previous day's two-day price moves, trading above the 158.00 mark during the early part of the European session on Tuesday.
Gold price (XAU/USD) trades on a flat note near $4,140 during the early Asian session on Tuesday. Pressure from a stronger US Dollar (USD) and elevated US Treasury yields was offset by reduced expectations of a Federal Reserve (Fed) rate hike this month.
Silver/AUD (XAGAUD) is up 2.14% at Oct 5 03:55(ET), now at $88.575, with a 7-day up of 2.59%.What is driving Silver/AUD (XAGAUD)’s stock price up today?The sharp upward movement in silver priced in Au
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts sellers for the second straight day on Monday and sticks to its intraday losses around the $89.00 mark through the early European session.