The Chinese currency traded down against its European counterpart during Tuesday's early Asian deals. At 10:50 pm ET, the yuan touched a low of 10.0518 versus the euro, compared to Monday's closing value of 10.0257. If the Chinese yuan falls further, 10.07 is seen as the next target level.

The People's Bank of China has set today's central parity rate for the euro-yuan pair at 10.0416.

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