USDCAD TECHS

Bouncing Off Trend Low

AUDUSD TECHS

Opens Gap With Recent Highs

EURJPY TECHS

Breaks Through Channel Base

USDJPY TECHS

Attention Remains On The Bear Channel Top

EURGBP TECHS

Approaching Key Support

GBPUSD TECHS

Pulls Back From Key Resistance

The People's Bank of China (PBOC) set the dollar-yuan central parity rate lower for a second day at 6.9848 on Friday, compared with Thursday's 6.9902.

USD-CNYEUR-CNYJPY-CNY
Today's Fixing6.98488.28826.6726
Prev. Fixing6.99028.23876.6558
Prev. Official Close7.0064----
% Chg Y/Y-1.63-7.40-5.16
% Chg Since Jan. 1-0.57-5.70-4.00
% Chg Since July '05+18.49----
  • The PBOC started setting daily central parity rates on Jan 4, 2007.
  • On July 21, 2005, China switched to a managed-float formula against a basket of currencies, weakening the yuan's peg to the dollar.
  • Since March 17, 2014, the yuan has been allowed to move 2% in a range on either side of the daily fixing against the dollar.
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