PBOC sets USD/CNY at 6.5528 vs 6.5533 last

FXStreet (Bali) - PBOC sets USD/CNY at 6.5528 vs 6.5533 last

USD/CNH: Sell-off ahead of PBOC, stable fix again?

USD/CNH has seen strong selling ahead of the daily PBOC USD/CNY fix, falling from 6.6150 down towards 6.6090, in what could be a move by dealers anticipating another stable fixing in USD/CNY, if not a slight appreciation of the onshore Yuan.
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AUD/USD: staying on 0.70 handle is key

AUD/USD has found strong resistance at the 20 dma and struggles to convince on the short term on the 0.70 handle, but the advances made of late technically put the major commodity in a reversal of gaining more than 20% in a recovery of the 2016 downtrend so far.
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