PBOC injects net CNY 280 bn via OMOs this week

PBOC injects a net CNY 280 bn via Open Market Operations (OMOs) this week versus a net injection of CNY 510 bn seen last week.

Meanwhile, the Central bank injected CNY 100 bn via 7 day reverse repos and CNY 40 bn via 14-day reverse repos today.

Jul 28, 2017

AUD/USD: Recovery mode intact on Aus PPI, 0.8000 back on sight

AUD/USD erases most losses and heads for a re-test of 0.8000 levels, as the bull find fresh impetus from the Australian PPI data and a broadly subdued

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Jul 28, 2017

EUR/CHF jumps above 1.13, risk reversal turns positive

EUR/CHF extended the three-day winning streak in Asia to 1.1348 (highest level since SNB shock), pushing the 14-day RSI into the overbought territory.

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