PBOC sets USD/CNY fix at 6.1249

FXStreet (Bali) - People’s Bank of China set the yuan reference rate at 6.1249 vs a prior close of 6.1282.

Mar 6, 2014

AUD/JPY soars above 92.00, hits 1-week highs after Australian data

The AUD/JPY jumped after the release of economic data in Australia rising from 91.85 to 92.55 in a few minutes, reaching the highest price since February 25.

Flash: Motivations behind PBOC to depreciate CNY - JPMorgan

JPMorgan explains the three main reasons that in the bank's view led to the large depreciation in the Yuan during late February, causing CNH to delete five months of low-volatility gains.