PBoC sets USD/CNY reference rate at 7.0947 vs 7.0949 previous

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.

AUD/USD begins the week with extending losses, trades around 0.6560

AUD/USD kicks off the week with extending losses for the second successive session, with the pair trading lower around 0.6560 during the Asian session on Monday.
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EUR/USD trades with modest losses amid stronger USD, holds above 1.0800 mark

The EUR/USD pair struggles to capitalize on Friday's goodish rebound of around 50 pips from sub-1.0800 levels and meets with a fresh supply during the Asian session on Monday.
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