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5 May 2017

PBOC injects a net 10 bln Yuan this week via OMOs

China’s central bank, the PBOC injects a net 10 bln Yuan from the market for the week via Open Market Operations (OMOs), versus a net injection of 70 bln Yuan a week ago, Reuters reports.

 

May 5, 2017

PBOC sets the Yuan reference rate at 6.8884

The People’s Bank of China set the Yuan reference rate at 6.8884vs. Thursday’s fix of 6.8957.  The central bank has decided to skip the Open Market O
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May 5, 2017

EUR/JPY trades at 4-month high, is Macron victory priced-in?

EUR/JPY is trading at 123.62 this Friday morning in Asia; its highest level since January 9. The currency pair bottomed out at 114.85 (Apr 17 low) an
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