USD/JPY surged above 160.00 earlier: USD/JPY leaps above 160 (briefly) While the trend in USD/JPY has been persistently higher, easily obliterating all the ‘lines in […]
Japan is on holidays today. Yen is collapsing, with no prospect of even verbal support.
Bank of Japan intervention was, and still is, directed at controlling JGBs. Its not even a secret, YCC is Yield Curve Control! The BoJ tells […]
PBOC sets USD/ CNY reference rate for today at 7.1066 (vs. estimate at 7.2579)
The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to […]
PBOC is expected to set the USD/CNY reference rate at 7.2579 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting […]
It’s a huge week ahead – the FOMC is the highlight but there are plenty of others
It’s a huge week ahead, including NFP, ISM, and PMI data. The highlight is the Federal Open Market Committee (FOMC) meeting. The FOMC statement is […]