2012.06.05 09:24:38 Australian Dollar Up Late After RBA Cuts Key Rate by Only 25 BPs

0728 GMT [Dow Jones] The USD/CNH, or offshore USD/CNY, trims losses as the EUR falls again with the spotlight on any possible QE3 signals from the Federal Reserve later this week, says a senior trader at a local bank. The pair is at 6.3660 vs 6.3620 earlier Tuesday, and compared with 6.3695 late Monday in Asia. The trader tips the pair in a 6.3640-6.3680 range near-term. Hong Kong Treasury Markets Association's USD/CNH fixing was at 6.3638 vs 6.3684 Monday. One-year USD/CNY NDFs are at 6.4300/6.4330 vs 6.4355/6.4405 late Monday. Onshore, the USD/CNY slides to 6.3628 from 6.3645 late Monday. The PBOC fixed central parity at 6.3225, down from 6.3276 Monday.(carol.chan@dowjones.com) Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com (END) Dow Jones Newswires June 05, 2012 03:28 ET (07:28 GMT)