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PBOC sets USD/CNY at 6.1610 vs 6.1590

FXStreet (Bali) - People’s Bank of China (PBOC) set the USD/CNY mid-point at 6.1610 vs 6.159, a level that represents the weakest Yuan set since September 10, 2013. Monday's closing price for USD/CNY was 6.12274.

EUR/AUD reconfirming the downside

EUR/AUD is trading at 1.4771, down -0.09% on the day, having posted a daily high at 1.4800 and low at 1.4765, the pair continues on a bearish note.
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Premature to be selling USD’s at this point - Westpac

According to David Coloretti, FX Analyst at Westpac, the USD Index does not look to have put in a top as yet.
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