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PBOC sets USD/CNY central rate at 6.8633 vs. 6.8698 Friday

On Wednesday, the Chinese central bank (PBOC) set the USD/CNY reference rate at 6.8633 versus Friday’s close of 6.8698.

China markets were closed on Monday and Tuesday in observance of Dragon Boat Festival.

AUD/JPY rejected again near 83 handle post-Aus data

The AUD/JPY cross failed to sustain the Chinese PMI-led upside and turned sharply lower, following the release of the Australian private sector credit
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