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Week Ahead: Forex sessions

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The Peoples Bank of China set the U.S. dollar parity rate at 6.5850 yuan, down from its previous fixing of 6.5860 yuan. Currency trading market correlations to Gold, the S P 500 Index, and other key barometers for financial market risk sentiment make pairs such.

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Central Bank President Mario Draghi to strike a dovish tone hours in his post-meeting comments on Thursday. Against the yen, the dollar fell 0.4 percent to 93.02 yen, hitting session lows of 92.82. The U.S. currency remained well off a year high of 96.71 yen.

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