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OUTLOOK

ECI, PCE, Chicago PMI, Fed-Speak Resumes

UK T-BILL AUCTION RESULTS

DMO sells GBP3bln 1/3/6-month UKTBs

UK T-BILL AUCTION RESULTS

DMO sells GBP3bln 1/3/6-month UKTBs

HUNGARY

‘Hawkish’ NBH Halts TRYHUF Momentum

     BEIJING (MNI) - The People's Bank of China (PBOC) set the yuan's central
parity rate against the dollar much stronger at 6.8160 on Thursday, compared
with 6.8526 on Wednesday. Today's increase marks the largest daily raise since
Dec 4, 2018. 
                      USD-CNY  EUR-CNY  JPY-CNY
-----------------------------------------------
Today's fixing         6.8160   7.8765   6.3006
Prev. fixing           6.8526   7.8443   6.2981
Prev. official close   6.8561       --       --
%Chg y/y                -4.94    -1.29    -8.88
%Chg since Jan. 1       +0.48    -0.31    -0.85
%Chg since July '05    +21.42       --       --
     - 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% on either side of
the daily fixing against the dollar.
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: MTABLE,M$A$$$,M$Q$$$,MN$FX$]