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PBOC sets USD/CNY reference rate at 7.1876 vs. 7.1870 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1876, as compared to the previous day's fix of 7.1870 and 7.3031 Reuters estimates.

EUR/USD weakens to near 1.0400 amid quiet session

The EUR/USD pair trades with mild losses around 1.0400 during the early Asian session on Tuesday.
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Japan’s Kato: Will take appropriate action against excessive moves

Japan’s Finance Minister Katsunobu Kato on Friday that they “will take appropriate action against excessive moves.” Additional quotes Important for currencies to move in stable manner reflecting fundamentals.
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