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PBOC sets USD/CNY reference rate at 7.1870 vs. 7.1848 previous
Source Fxstreet
On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1870, as compared to Friday's fix of 7.1848 and 7.2627 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Gold price (XAU/USD) trades in negative territory around $4,705 during the early Asian session on Thursday. The precious metal edges lower amid a temporary two-week ceasefire between the US and Iran.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – trades with a mild positive bias during the Asian session on Friday, though it lacks bullish conviction amid hopes of Iran ceasefire stabilizing.