• USD/CNY subdued, last 6.7742 from Thurs close 6.7777; SSEC -0.7%

• Capped by Ichimoku cloud 6.7785, also 21 and 55 DMA around 6.7830

• PBOC fix rises modestly to 6.7939 from Thursday's 41-mth low of 6.7906

• Damping decreased, as expected, to around +170 pips from +200

• USD/AXJ broadly subsiding as USD/JPY recedes away from 164.00

• Japan FM repeats warning on potential JPY intervention
CNY


(Ewen Chew is a Reuters market analyst. The views expressed are his own.)