USD/CNY: A tad lower near 6.3985

FXStreet (Mumbai) - The USD/CNY pair opened at 6.3990 post PBOC yuan fix announcement, dead flat from Thursday’s close at 6.3990. At the moment, the pair trades at -0.01% lower at 6.3983, having struck low at 1.3980 and high at 6.4020.

Earlier today, the Chinese central bank, PBOC, sets Yuan central parity at 6.3975 versus 6.4010 Thursday.The Chinese currency has depreciated nearly 4.70% against the US dollar so far this week.

Aug 14, 2015

USD/JPY: Bulls unperturbed by Yuan fix, extends to 124.50

The bid tone surrounding the USD/JPY pair is picking-up pace in the Asian morning, as the US dollar remains supported against the Japanese yen following the latest China Yuan fix announcement which had negligible impact while markets continue to cheer the upbeat retail sales data from US.

Asian stocks trade mixed, PBOC halts Yuan devaluation

Asian indices traded mixed on the last trading day of the week, as traders digest the latest PBOC price action in the currency markets, halting the yuan devaluation after three consecutive days of decline.