At the start of this trading day in Asia, the People's Bank of China will widen the Yuan upper and lower daily trading range against the U.S. dollar to 1.0%. The following is a round-up of currency analysts' interpretations of the move and their expectations of its potential impact on the FX market. Dasnke: The announcement from PBoC has not changed our view that CNY will appreciate over the next year, albeit only modestly. With the leadership transition in China and US presidential election in the US later this year, China will allow the currency to appreciate just enough to avoid it becoming a major political issue ... (full story)