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PBOC sets Yuan reference rate at 6.9996

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.9996 vs Tuesday's fix at 6.9683.

EUR/NZD awaits the RBNZ interest rate decision

EUR/NZD has benefited from an unwind of carry trades in the EM-FX arena that saw a buyback in the euro and a covering of short positions as stops were
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AUD/JPY remains on the road to recovery despite renewed risk aversion

AUD/JPY takes the rounds to 72.00 just after China’s released its official Yuan reference rate on early Wednesday.
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