The People's Bank of China (PBOC) has set the USD/CNY central reference rate for Tuesday's trading session at 7.0103, a slight adjustment from the previous day's rate of 7.0108. This new rate also comes in above the Reuters estimate of 6.9734, indicating a stronger yuan against the dollar than market expectations.
This movement in the USD/CNY exchange rate reflects ongoing market sentiment and could influence trading strategies as investors assess the implications for China's economic outlook. The adjustment invites scrutiny regarding the impact on trade balances and capital flows, particularly as global markets react to shifts in monetary policy and geopolitical tensions.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2026-01-13 01:29
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.