PBOC may cut RRR today - BBG

Headlines crossing the wires via Bloomberg that PBOC may cut RRR after China's market close today. Hence, the demand for the USD/CNH pair is on the rise amid increased speculation of a China rate this Friday.

Meanwhile, USD/CNH is now seen modestly flat at 6.6980, reversing a knee-jerk spike to 6.7011 on the PBOC headlines reported by Bloomberg.