PBOC set the Yuan reference rate at 6.8889

The People's Bank of China (PBOC) set the Yuan reference rate at 6.8889 this Wednesday morning, compared to Tuesday's fix of 6.9071.

EUR/JPY drops to 100-DMA

EUR/JPY extended Tuesday’s losses to 100-DMA support of 120.45 levels; its lowest since March 9. Hovers above 4-hour 200-MA At the time of writing,
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