PBOC sets USD/CNY reference rate at 7.2148 vs. 7.2150 previous

On Friday, the People’s Bank of China (PBOC) fixed the USD/CNY central rate at 7.2150, compared with Friday’s fix of 7.2150 and market expectations of 7.3437. 

The PBOC injected 215 bln yuan via 7-day reverse repos at 1.80% vs. prior 1.80%.

USD/JPY sticks to intraday losses below 147.00, bears await break below 200-hour SMA

The USD/JPY pair opened with a big 85 pips bearish gap on the first day of a new week and remains depressed below the 147.00 mark through the first ha
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BoJ’s Ueda: The focus will now be on “a quiet exit”

In an interview with the Yomiuri Shimbun over the weekend, Bank of Japan (BoJ) Governor Kazuo Ueda explained the monetary policy tweak in July as “a m
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