FOREX: AUD Crosses - Bounces Against The GBP, Clear Rejection Above 2.1000

Jul-03 01:24

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US stocks continue to make new highs and the risk backdrop is positive. The AUD performance in the c...

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MNI: CHINA PBOC CONDUCTS CNY454.5 BLN VIA 7-DAY REVERSE REPO TUES

Jun-03 01:23
  • CHINA PBOC CONDUCTS CNY454.5 BLN VIA 7-DAY REVERSE REPO TUES

CNH: USD/CNY Fixing Error Term Steady, Stays Positive

Jun-03 01:19

The USD/CNY fixing rate was set at 7.1869, against a BBG market consensus estimate of 7.1732. 

  • The fixing level is higher than Friday's outcome (7.1848), while the fixing error is little changed at +137pips, with onshore markets out yesterday.
  • USD/CNH is down slightly in the first part of dealing today, holding under 7.2100. We haven't reacted much to the fixing outcome. Broader USD sentiment was weaker in the first part of trade, but has now stabilized.

CHINA SETS YUAN CENTRAL PARITY AT 7.1869 TUES VS 7.1848

Jun-03 01:16
  • CHINA SETS YUAN CENTRAL PARITY AT 7.1869 TUES VS 7.1848