The USD/CNY is down after the PBOC sets central parity lower to track the USD's broad weakness after disappointing U.S. May nonfarm payrolls data on Friday. The pair is at 6.3667, from 6.3690 late Friday, after the fixing is at 6.3276, compared to 6.3308 Friday. "The setback in the dollar is temporary and it will continue to rise after a few days' break," says a Shanghai-based foreign bank trader, adding there are still many uncertainties in the global market. Support for the day is pegged at 6.3600. Offshore, one-year USD/CNY NDFs are at 6.4335/6.4365 from 6.4330/6.4360 late Friday.
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