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US TSYS SUMMARY

Inflation Concerns Underpin Bear Steepening

AUDUSD TECHS

Bullish Theme

EURJPY TECHS

Firm Within Its Bull Channel

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The People's Bank of China (PBOC) set the dollar-yuan central parity rate lower at 6.5454 on Tuesday, compared with the 6.5578 set on Monday.

USD-CNY

EUR-CNY

JPY-CNY

Today's Fixing

6.54547.79685.9836

Prev. Fixing

6.5578

7.8041

5.9772

Prev. Official Close

6.5514

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% Chg Y/Y

+7.59

-1.46

+9.23

% Chg Since Jan. 1

-0.18

+2.93

+5.68

% Chg Since July '05

+26.44

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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