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.

May 31, 2017

Australia Private Sector Credit (YoY) dipped from previous 5% to 4.9% in April

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