USD/CNY fixed at 6.7220 as Warsh stays silent on rates, Bailey eyes inflation

The Asia-Pacific session brought no reported price moves, pip figures or technical levels. The focus was on central bank commentary and the daily yuan fix. The PBOC set the USD/CNY reference rate at 6.7220. On US monetary policy, Warsh stayed silent on rates and declined to prejudge the rest of 2026. He named October and December as the decision points. That leaves dollar traders without fresh forward guidance and puts the emphasis on those two meetings. In the UK, BoE Governor Bailey said second-round inflation effects have been subdued so far. He added that it is too early to judge. That balanced message gives GBP pairs no clear directional signal. FX option expiries were also flagged for the session, though the source gives no strikes or sizes. Non-FX headlines included: - Tesla unveiling a thruster-powered Roadster with a $50,000 deposit and production slated for 2028 - An Ethereum whale's $13.45M loss, which reflects a year-long exit rather than a fresh ETH dump - Google's 40-fold quantum advance for Willow For traders, the absence of rate signals from Warsh and Bailey's cautious tone point to a wait-and-see stance in USD and GBP pairs.