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MNI

Coming up in the Asia-Pac session on Tuesday:

ASIA

Coming up in the Asia-Pac session on Tuesday:

USDCAD TECHS

Heading North

G7

Health Ministers Release Joint Statement

AUDUSD TECHS

Heavy!

     BEIJING (MNI) - The People's Bank of China (PBOC) set the dollar-yuan
central parity rate higher for a fifth trading day at 7.0246 on Monday compared
with Friday's 7.0210, the weakest fixing since Dec 12, 2019. 
                      USD-CNY  EUR-CNY  JPY-CNY
-----------------------------------------------
Today's fixing         7.0246   7.6107   6.2977
Prev. fixing           7.0210   7.5743   6.2657
Prev. official close   7.0386       --       --
%Chg y/y                -4.48    +0.21    -3.67
%Chg since Jan 1        -1.03    +2.69    +1.72
%Chg since July '05    +17.81       --       --
     - 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.
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com
--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com
[TOPICS: MTABLE,M$A$$$,M$Q$$$,MN$FX$]