PBOC sets Yuan reference rate at 6.9988 vs. Monday’s 6.9933

On Tuesday, China’s central bank, the People's Bank of China (PBOC), set the Yuan reference rate at 6.9988 versus Monday’s fix at 6.9933.

Meanwhile, the PBOC skips the reverse repos today while keeping the neutral position in open market operations (OMOs).

USD/CAD Technical Analysis: Surges to fresh 4-week high, inside short-term rising wedge

While extending its sustained run-up beyond 200-bar SMA, USD/CAD rises to the fresh four weeks high of 1.3242 by the press time of Asian session on Tuesday.
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USD/CNH pulls back from monthly resistance trendline amid Hong Kong concerns

The US-China trade story recent got another negative turn with the US condemning Hong Kong protests and pushes China to respect the nation’s autonomy.
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