PBOC injects 20bn yuan via 7-day reverse repos

In OMOs today, the PBOC injected 20bn yuan via 7-day reverse repos.

PBOC sets USD/CNY at 6.5079 vs 6.4913 last fix

PBOC sets USD/CNY at 6.5079 vs 6.4913 last fix
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AUD/USD bulls losing grip of the bid

AUD/USD has taken a turn for the worst, pressured below the rising 200 sma on the 15 min sticks at 0.7527 with resistance there marking the highs post the RBA minutes and price is now on the back-foot.
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