PBOC sets USD/CNY fix at 6.3231

FXStreet (Bali) - People’s Bank of China (PBOC) set today's yuan reference rate at 6.3231 vs Monday's close at 6.3230 and last fix at 6.3406. PBOC injects 40bn yuan via 7 day reverse repos.

GBP/USD: Sharp fall towards 1.53, all eyes on UK inflation

GBP/USD just saw a sharp 30 pips drop in thin Asian markets, losing the 1.5335/40 support, and quickly falling towards the 1.53 handle.
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