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PBOC sets USD/CNY reference rate at 7.0471 vs. 7.0523 previous

On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0471 compared to the previous day's fix of 7.0523 and 7.0240 Reuters estimate.
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Australian Dollar gains as traders expect RBA rate hikes

The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday, continuing its winning streak for the third successive session.
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