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PBoC sets USD/CNY reference rate at 7.1097 vs. 7.1074 previous

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1097 as compared to Friday's fix of 7.1074 and 7.1785 Reuters estimates.

EUR/USD remains under pressure below 1.0850, German GDP data eyed

The EUR/USD pair trades weaker during the Asian trading hours on Monday.
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Australian Dollar recovers its recent losses amidst an escalated tension in Middle East

The Australian Dollar (AUD) trades higher on Monday, recovering its recent losses in the previous session.
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