PBOC sets Yuan reference rate at 7.0437

The People's Bank of China has set the Yuan reference rate at 7.0437 versus Thursday's fix at 7.0533.

Nov 1, 2019

USD/JPY: Piercing the 50-DMA and trendline resistance

Markets moved on from the Bank of Japan, which, as expected, kept its monetary policy unchanged, and instead, USD/JPY has been on the back foot overni

BOJ offers to buy JPY 380 bln worth of JGBs

In its routine daily operation, the Bank of Japan (BOJ) offered to purchase the Japanese Government Bonds (JGB) worth JPY 380 billion. The BOJ will bu