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SHANGHAI, Oct 9 (Reuters) - China's yuan held steady against the U.S.<br> <br> <br> <br> <br> <br> dollar on Wednesday, as investors awaited more stimulus from the world's second-largest economy and the Federal Reserve's September meeting minutes due later in the day to gauge its policy path.<br> <br> <br> <br> The dollar held steady, giving some relief to the yuan after a sharp rally to a seven-week high last week.<br> <br> <br> <br> Spot yuan opened at 7.0650 per dollar and was last trading 12 pips <br> <br> lower than the previous late session close at 7.066. Prior to the market opening, the People's <br> <br> Bank of China (PBOC) set the midpoint rate, around which the <br> <br> yuan is allowed to trade in a 2% band, at 7.0568 per <br> <br> dollar, only 3 pips weaker than a Reuters' estimate.<br> <br> <br> <br> China's blue-chip CSI300 index dropped for the first time since Sept.<br> <br> 13, poised to snapping a 10-day winning streak, after officials on Tuesday failed to <br> <br> offer much new on stimulus plans to revive the <br> <br> economy. The yuan is down 0.7% against the dollar so far <br> <br> this month, due to broad dollar strength, but the currency has 0.5% firmed for the year-to-date.<br> <br> <br> <br> China equities' recent rally has raised the bar for an upside <br> <br> surprise from expected fiscal stimulus news, said UBS strategists led <br> <br> by Rohit Arora, adding that the offshore yuan's near-term risk reward is unattractive.<br> <br> "Historically, fizzling of China equities' spurts acted as a bigger drag on CNH vis-à-vis the tailwinds from equities' surge," the strategists said.<br> <br> <br> <br> <br> <br> Nevertheless, market participants are still awaiting additional stimulus measures that could help further lift China asset sentiment.<br> <br> Citi FX traders think the offshore yuan could trade well if local <br> <br> equities remain supported, similar to what happened in Nov.<br> <br> <br> <br> 2022 - Jan. 2023, according to the bank's note to clients.<br> <br> <br> <br> The offshore yuan traded at 7.0682 yuan per dollar, up about 0.09% in Asian trade.<br> <br> <br> <br> The dollar's six-currency index was 0.039% higher at 102.53.<br> <br> <br> <br> LEVELS AT 02:44 GMT INSTRUM CURRENT UP/DOWN( % DAY'S DAY'S ENT vs USD -) VS.<br> <br> CHANGE HIGH LOW PREVIOUS YR-TO-D CLOSE % ATE Spot 7.066 -0.07 <br> <br> 0.51 7.063 7.0697 yuan &lt;CNY=CF XS Offshor 7.071 0.09 0.81 7.064 7.0741 e yuan spot <br> <br> &lt;CNH=D3 > (Reporting by Shanghai Newsroom; Editing by <br> <br> Kim Coghill)<br> <br> <br> <br> My page: ร้านทํา พวงหรีดใกล้ฉัน - http://Avto.izmail.es/user/MiguelGoodsell5/