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PBOC sets the Yuan reference rate at 6.6067

The People's Bank of China (PBOC) sets the Yuan reference rate at 6.6067 vs. previous day's fix of 6.6034.

USD/CNY projection: 6.6093 - Nomura

Analysts at Nomura offered their model projection for today's USD/CNY fix. Key Quotes: "Our model1 projects the fix to be 59 pips higher than the pr
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US Senate tax bill stumbles on deficit-focused 'trigger' - Reuters

A Republican tax overhaul stalled on a procedural issue in the U.S. Senate on Thursday after Senate parliamentarian barred Corker’s “trigger” proposal
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