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    PBoC sets USD/CNY reference rate at 7.1020 vs 7.1025 previous

    Source Fxstreet
    Apr 18, 2024 01:18

    The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1020 as compared to the previous day's of 7.1025 and 7.2281 Reuters estimates.

    Disclaimer: For information purposes only. Past performance is not indicative of future results.
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    US CB Consumer Confidence declines to 97.0 in AprilConsumer sentiment in the US weakened in April, with the Conference Board's Consumer Confidence Index dropping to 97.0, the lowest reading since July 2022, from 103.1 (revised from 104.7) in March.
    Source  Fxstreet
    Consumer sentiment in the US weakened in April, with the Conference Board's Consumer Confidence Index dropping to 97.0, the lowest reading since July 2022, from 103.1 (revised from 104.7) in March.
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    ECB's Rehn: We could cut interest rates in JuneIf the macroeconomic assessment in June confirms an inflation convergence toward the European Central Bank's (ECB) target, key rates could be lowered in June, European Central Bank (ECB) policymaker Olli Rehn said on Tuesday.
    Source  Fxstreet
    If the macroeconomic assessment in June confirms an inflation convergence toward the European Central Bank's (ECB) target, key rates could be lowered in June, European Central Bank (ECB) policymaker Olli Rehn said on Tuesday.
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    UK Unemployment Rate climbs to 4.2% in quarter to February vs. 4.0% expectedThe United Kingdom’s (UK) ILO Unemployment Rate came in at 4.2% in the three months to February, rising from 3.9% in the previous period, data published by the Office for National Statistics (ONS) showed Tuesday.
    Source  Fxstreet
    The United Kingdom’s (UK) ILO Unemployment Rate came in at 4.2% in the three months to February, rising from 3.9% in the previous period, data published by the Office for National Statistics (ONS) showed Tuesday.
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