PBOC sets the Yuan reference rate at 6.8782

The People's Bank of China (PBOC) set the Yuan reference rate at 6.8782 this Tuesday morning, compared to Monday's fix of 6.8701.

As per LiveSquawk report, the central bank would not be conducting Open Market Operations (OMO) today. 

AUD/JPY is back above weekly 100-MA

The overnight recovery in the AUD/JPY cross is being extended this Tuesday morning in Asia, with the pair trading above the weekly 100-MA level of 84.
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Japan’s Ishihara: Closely watching market moves

Japanese economy minister Ishihara crossed the wires last hour, via Reuters, noting that Japan’s government is closely watching market moves. This co
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