<p>The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.</p><ul><li>USD/CNY is the onshore yuan. Its permitted to trade plus
<ul><li>The current preoccupation is inflation.</li><li>Inflation is unacceptably high.</li><li>The aim is to bring inflation down to the 2% target.</li><l
<p>Commodity currencies remain the strongest one for today with help from risk-on markets. Euro is also firm, shrugging off deterioration in business expectations as indicated by Ifo’s dat
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