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AUD/USD higher after yuan set higher

AUD/USD higher after yuan set higher
The AUD is a dog on a lead, yuan in charge. Earlier, a higher than expected reference rate for the CNY (lower than expected USD/CNY):PBOC sets USD/ CNY central rate at 7.2098 (vs. estimate at 7.2194)Offshore yuan rose:PBOC set the onshore yuan stronger thann expected, USD/CNH tumblingAnd its higher again (lower USD/CNY)AUD/USD following the yuan higher: This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Jun 27 2023, 01:54
Author Name: forexlive
Views: 102295

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