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PBOC sets Yuan central parity at 6.4495 vs. 6.4358 Friday

FXStreet (Mumbai) - On Monday, the Chinese central bank, PBOC, sets USD/CNY reference rate at 6.4495, 0.21% stronger than 6.4358 Friday’s close.

Meanwhile, China Shanghai Composite index opens down 0.90% at 3,403.51 points.

AUD/USD heavy, testing 100-DMA - key support near 0.7160

The Aussie kick-off the Fed week on a weaker note, extending its losing-streak into a third day in Asia, as the US currency remains broadly favoured ahead of Wednesday’s Fed lift-off.
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Analysts at Rabobank wonder whether the Fed heard that message?
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