FOREX: AUD Crosses - Is AUD/JPY Pointing To Some Potential AUD Outperformance

Jul-04 01:23

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US Stocks surged with a better than expected NFP print as risk builds on the positive backdrop. The ...

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MNI: CHINA PBOC CONDUCTS CNY214.9 BLN VIA 7-DAY REVERSE REPO WEDS

Jun-04 01:22
  • CHINA PBOC CONDUCTS CNY214.9 BLN VIA 7-DAY REVERSE REPO WEDS

CNH: USD/CNY Fixing Edges Up, Fixing Error Back To Negative

Jun-04 01:18

The USD/CNY fixing was set at 7.1886, against a BBG market consensus of 7.2005.

  • The fixing error is back to negative (-119pips), after yesterday's +137pip outcome. A negative fixing error is in line with the stronger USD over the past 24 hours.
  • The actual fix is only a touch above yesterday's outcome (7.1869).
  • Spot USD/CNH is relatively steady in the first part of Wednesday trade, last just above 7.1900. 

CHINA SETS YUAN CENTRAL PARITY AT 7.1886 WEDS VS 7.1869

Jun-04 01:18
  • CHINA SETS YUAN CENTRAL PARITY AT 7.1886 WEDS VS 7.1869