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PBOC sets USD/CNY reference rate at 7.1101 vs. 7.1091 previous
Source Fxstreet
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1101, as against the previous day's fix of 7.1091 and 7.2403 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
The USD/JPY pair attracts some buyers during the Asian session on Monday and climbs back above the 153.00 mark following the disappointing release of Japan's Q4 GDP report.
Gold (XAU/USD) attracts some follow-through selling for the second straight day and slides to the $4,922 area during the Asian session on Tuesday amid thin liquidity on the back of the Lunar New Year holidays in China.