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      China's Central Bank sets Yuan midpoint at 6.3773 versus 6.3721 Tuesday

      FXStreet (Mumbai) - On Wednesday, the Chinese central bank, PBOC, sets US dollar/Yuan parity at 6.3773 versus 6.3721 on Tuesday close.

      Meanwhile, China CSI300 index futures are set to open down -0.7%, Hang Seng index is expected to open down 1.2% at 21,529.47 points.

      EUR/USD: Bears in control, challenges 1.1100

      A sudden bout of selling interest was seen in the EUR/USD pair in the early Asian session, sending the pair to fresh three-week lows just ahead of 1.11 barrier.
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      China is ‘against competitive depreciation, currency war ‘– China’s President Xi

      Addressing a dozen of US business leaders in his visit to the US on Wednesday, China’s President Xi Jinping sounded quite optimistic on the China’s economic prospects.
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