The People’s Bank of China (PBoC) set central parity for the yuan at 6.9718 to the US dollar this morning, the strongest level in four and a half months. The US dollar traded at 95.1670 on the dollar index (DXY) at the time.  It jumped to 95.4070 by 4:44pm HK time after it came to … Continue reading US orders China’s Houston consulate shut, yuan shrugs