Foreign exchange traders focused on Asian markets often start their day at 9:15 AM Beijing time. This is when the People's Bank of China (PBOC) announces its daily central parity rate for the yuan, also known as the yuan fixing.
USD/CNY: Policy support and stable fix – Commerzbank
USD/CNY: Policy tweaks support cross-border lending – BNY
CNY: Policy targets in focus at Two Sessions – Commerzbank
USD/CNY: PBoC move tempers appreciation – Commerzbank