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Pboc sets usd/ cny reference rate for today at 7.1456 (vs. estimate at 7.1965)

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 trade plu...

July 21, 2023, 1:15 am

Pboc is expected to set the usd/cny reference rate at 7.1965 – reuters estimate

Yesterday's reference rate was set more than 700 points from the expected, on the side of a much stronger yuan. I did a double take on the rate:P...

July 21, 2023, 12:25 am

Nzd and aud dragged higher by pboc moves, but broad usd strength overnight then pulls them back down

US Treasury yields higher as labour market data remain remain too strong for comfort. Global forces and post-CPI afterglow drive NZ rates higher. Stro...

July 20, 2023, 8:14 pm

China onshore yuan finishes the domestic session by erasing yesterday's losses

In case you missed the headlines from earlier:Pboc sets USD/ CNY reference rate for today at 7.1466 (vs...

July 20, 2023, 8:40 am

Is canadian dollar getting ripe for a bounce? usd/cad, eur/cad, gbp/cad price action

The Canadian dollar looks set to resume its rise against some of its peers, thanks to a still-hawkish Bank of Canada (...

July 20, 2023, 6:30 am

Trade ideas thread - european session 20 july 2023

It looks like the dollar demise may have to be put off until the Fed next week. USD/JPY ran up close to 140.00 on the recovery bounce yesterday before...

July 20, 2023, 5:25 am

A double boost for the aussie today

And with good reason, as it is benefiting from a solid labour market report as well as a much stronger Chinese yuan. On the latter, the P...

July 20, 2023, 4:23 am

Forexlive asia-pacific fx news wrap: two moves from the pboc sent the yuan surging

Heads up for the final Japan inflation report before next week's BOJ meetingOver half of surveyed analysts expect a July & September European Central ...

July 20, 2023, 2:56 am

Icymi - yuan rocketed higher with the pboc slamming the fix, and promoting capital inflow

Eyes were on the People's Bank of China Loan Prime Rate setting today:Pboc Loan Prime Rates (LPR) remai...

July 20, 2023, 1:50 am

Aud/usd jumps 30 pips on better-than-forecast australia employment report, pboc status quo

US Dollar consolidates weekly gains around multi-month low on mixed concerns about Fed, China. Read Full Story at source (may require registration) Th...

July 20, 2023, 1:44 am

Aud/usd higher - stronger yuan fix, good jobs report

AUD/USD has jumped higher with supportive news from China (boosting the yuan)Pboc sets USD/ CNY referen...

July 20, 2023, 1:34 am

Pboc eases cross-border funding

The macro-prudential adjustment parameter is a multiplier that determines the upper limit of outstanding cross-border financing an institution can hav...

July 20, 2023, 1:29 am

Pboc sets usd/ cny reference rate for today at 7. 1466 (vs. estimate at 7.2233)

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 trade plu...

July 20, 2023, 1:15 am

Pboc loan prime rates (lpr) remain unchanged at today's rate setting, as expected

People's Bank of China policy rate setting, no change. As expected. Current LPRs3.55% for the one yearmost new and outstanding loans in China are base...

July 20, 2023, 1:15 am

Pboc is expected to set the usd/cny reference rate at 7.2233 – reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (Pboc),...

July 20, 2023, 12:27 am

Aud to usd forecast: bears eye sub-$0.67 on employment stats

It is a busy day for the AUD/USD, with the Pboc and Australian employment figures in focus. Later in th...

July 20, 2023, 12:01 am

Hang seng index, asx200, nikkei 225: pboc and aussie stats in focus

It is a busy day for the Hang Seng Index and the broader Asian market. The Chinese economy remains the focal point as investors await stimulus plans. ...

July 19, 2023, 11:30 pm

People's bank of china loan prime rate setting due today - no rate change is expected

I posted on the LPR setting coming up later (0115 GMT) earlier here:Economic calendar in Asia 20 July 2023 - People's Bank of China rate announcementA...

July 19, 2023, 10:12 pm

Economic calendar in asia 20 july 2023 - people's bank of china rate announcement

The focus of the calendar is on the Pboc's Loan Prime Rate Setting. No rate changes are expected. Earli...

July 19, 2023, 8:11 pm

Goldman sachs: canadian dollar not the optimal choice to bet against weakening usd

Goldman Sachs weighs in on the Canadian dollar (CAD) in the context of its recent monetary policy changes and the broader environment of USD weakening...

July 19, 2023, 5:37 pm


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