The People's Bank of China (PBOC) has set the USD/CNY reference rate for Thursday's trading session at 7.0064, a slight improvement from the previous day's fix of 7.0120. This new rate also contrasts with the Reuters estimate of 6.9678, indicating a stronger yuan against the dollar than anticipated by market analysts.
The adjustment in the exchange rate reflects the PBOC's ongoing strategy to stabilize the yuan amidst shifting economic conditions and global market volatility. Currency traders will be closely monitoring this movement as it may influence trading strategies for the USD/CNY pair, especially with upcoming economic data releases that could further impact the forex landscape.
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: 2026-01-15 01:40
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.