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Swiss franc eyed after PBOC sets USD/CNY reference at 6.7399
The People’s Bank of China set the yuan’s daily reference rate above the estimate, supporting the 6.7399 level for the session.
In Asian trading on Monday, Sept. 28, 2026, the People’s Bank of China set the USD/CNY reference rate at 6.7399, versus an estimate of 6.7085, according to Forexlive.
The same market update also noted broader risk sentiment as Asian equities slid and US futures were lower, with the Nasdaq leading the decline.
Forexlive said gold fell sharply, breaking key support and sliding below $4,230, attributing the move to higher yields and expectations of a more hawkish Federal Reserve.
Latest closeGold $4,320.50 ▲0.5%|Nasdaq Comp. 27,068.72 ▲0.5%