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PBoC sets USD/CNY reference rate at 7.1055 vs. 7.1097 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1055 as compared to the previous day's fix of 7.1097 and 7.1763 Reuters estimates.

EUR/USD recovers some lost ground above 1.0840, focus on German, Eurozone GDP data

The EUR/USD pair recovers some lost ground below the mid-1.0800s during the early Asian trading hours on Tuesday.
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Biden to authorize US military action in the Middle East—Sky news

US President Joe Biden is likely to authorize US military action in the Middle East as early as Monday night, per Sky News.
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