Yuan has had a strong day - USD/CNH under 6.8

A huge slide for USD/yuan here today

There hasn't been much news to prompt the move, its seemingly driven b positioning (getting out of USD/CNH)

From the PBOC today we got a weaker onshore yuen setting:

• PBOC sets USD/ CNY mid-point today at 6.7969 (vs. yesterday at 6.7854)

And a big injection of cash for one year:

• PBOC injects 257bn yuan in a targeted MLF operation