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PBoC sets USD/CNY reference rate at 7.1031 vs. 7.1132 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1031 as compared to the previous day's fix of 7.1132 and  7.1340 Reuters estimates.

Australian Dollar hovers above a major level despite softer monthly CPI

The Australian Dollar (AUD) is on a winning streak, extending its gains for the fifth consecutive day on Wednesday.
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