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PBOC sets the CNY reference rate at 6.9072

The People's Bank of China (PBOC) set the yuan reference rate at 6.9072 vs the previous day's fix of 6.9019

USD/JPY: slips below 113 handle, but needs lower lows in this descending channel

USD/JPY has been set back in its recovery attempts to 113.39 with a rebound in Italian markets and the euro. Also, elevated Brexit sentiment created a
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Fed's Williams repeats expectation for further gradual rate hikes

John C. Williams, President of Federal Reserve Bank of San Francisco, is out on the wires stating that he expects further gradual rate hikes a =s the
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