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PBOC sets USD/CNY reference rate at 7.1102 vs. 7.1098 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1102, as against the previous day's fix of 7.1098 and 7.2539 Reuters estimates.

Gold price remains on the defensive on hawkish Fed

Gold price (XAU/USD) edges lower to a two-week low on Friday amid renewed US Dollar (USD) demand.
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Australian Dollar extends losses due to risk aversion after stronger US PMI

The Australian Dollar (AUD) continues its losing streak for the fourth successive session on Friday, possibly driven by risk aversion.
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