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USDCAD TECHS

Pullback Considered Corrective

AUDUSD TECHS

Trend Indicators Point South

EURJPY TECHS

Bearish Focus

USDJPY TECHS

Consolidating Below Resistance

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Approaching Key Support

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The People's Bank of China (PBOC) set the dollar-yuan central parity rate higher for a second day at 6.4078 on Wednesday, compared with the 6.4070 set on Tuesday.

USD-CNY

EUR-CNY

JPY-CNY

Today's Fixing

6.40787.76855.8212

Prev. Fixing

6.4070
7.7643
5.8222

Prev. Official Close

6.4021

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% Chg Y/Y

+10.82

+3.20

+13.14

% Chg Since Jan. 1

+2.15

+3.30

+8.63

% Chg Since July '05

+29.16

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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.