Yuan fix sends Yen down, stocks up

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The PBOC is at it again, weakening the Yuan midpoint fix slightly – ok, 2/10ths of SFA – to 6.5590, slightly below its last traded value on Friday and that fix of 6.5637

Not much, but its sent the Yen reeling:

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Aussie dollar up too, almost up to 69 cents against the USD :

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And stocks are rebounding after the sharp Monday morning gap fall, with S&P futures lifting as well:

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