Page 8 - Urrencies News Today

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.0956 as compared to the previous day's fix of 7.0947 and 7.2248 Reuters estimates.

The gold-backed ZiG is Zimbabwe's sixth attempt at a new currency since 2008.

The USD/CAD pair attracts some dip-buying during the Asian session on Tuesday and reverses a part of the previous day's losses.

The US Dollar failed to gather traction in either direction amidst rising cautiousness prior to the release of US inflation figures and the publication of the FOMC Minutes, both events scheduled for Wednesday.

The US Dollar Index (DXY) is currently trading at 104.12, remaining rather neutral.

The New Zealand Dollar remains on the front foot for the second consecutive day on Tuesday.

The NZD/JPY pair is trading at 91.79, experiencing a 0.25% uptick.

The NZD/USD rose to around 0.6058, reflecting a 0.41% gain on Tuesday's session.

Market sentiment was subdued as uncertainty over the Fed's rate cuts remained aggravated amidst a better-than-expected jobs report..

Om Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0947 as compared to last Wednesday's fix of 7.0949 and 7.2230 Reuters estimates.