The dollar was little changed versus most major currencies, but fell versus the Chinese yuan after the People’s Bank of China announced fresh stimulus measures.The ICE U.S. dollar index DXY, +0.06% a measure of the buck’s strength against a basket of six currencies, was up 0.1% at 94.87, while the dollar USDCNY, +0.0743% was at 6.3230 yuan, down about 0.4%, according to FactSet. This is the lowest level since Beijing’s surprise devaluation of the yuan in August.
The euro EURUSD, -0.0528% was little changed at $1.1363, while the dollar USDJPY, -0.10% fell 0.2% against Japan’s currency to 120.01 yen.
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