People's Bank of China (PBOC) sets the USD/CNY mid-point reference rate
- prior close 6.3690
- Monday's mid point setting was at 6.3729
And:
- PBOC to inject 40bn yuan into money market today via 14-day reverse repos
- PBOC drains 10bn yuan for the week vs. 40 bn yuan injection last week
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Meanwhile, the Nikkei has fallen further, as have AUD and NZD ... to new session lows
Yen has tested session highs (i.e. USD/JPY tested session lows) .... EUR popped again
