EUR/USD holds steady above mid-1.0500s, looks to FOMC for fresh directional impetus

The EUR/USD pair oscillates in a narrow band during the Asian session on Wednesday and for now, seems to have stalled the previous day's sharp retracement slide from the 1.
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PBoC sets USD/CNY reference rate at 7.1778 vs. 7.1779 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.
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