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Forexlive americas fx news wrap: yields rise further but us dollar gives some back

US initial jobless claims 239K vs 240K estimateAugust US Philly Fed manufacturing index +12.0 vs -10.0 expectedUS Leading index -0.4%% vs -0.4% estima...

August 17, 2023, 8:21 pm

Forexlive european fx news wrap: dollar eases on yuan rebound, yields stay elevated

Headlines:10-year Treasury yields close in on the high from October last yearAussie bounces back alongside the offshore yuan, time to fade?China repor...

August 17, 2023, 12:01 pm

Pboc says prudent monetary policy will be precise and forceful

Will keep liquidity reasonably ampleWill keep yuan exchange rate basically stableWill fend off systemic financial risksWill keep prices basically stab...

August 17, 2023, 9:44 am

Forexlive asia-pacific fx news wrap: usd edges higher still

Morgan Stanley cuts China 2023 GDP growth forecast to 4.7% (from 5.0%)Further Chinese intervention to prop up the yuan: State banks USD/CNY sellersAUD...

August 17, 2023, 3:00 am

Pboc sets usd/ cny central rate at 7.2076 (vs. estimate at 7.3047)

The Bank is accepting a falling yuan, but not at the pace the market is pricing. Another huge discrepancy between the modelled expectation and the PBO...

August 17, 2023, 1:15 am

Forexlive asia-pacific fx news wrap: rbnz leaves cash rate at 5.5%, as expected

More from the RBNZ: Estimate of nominal neural cash rate has increased 25bpNZD/USD a few points higher after the RBNZ statement says rates to stay hig...

August 16, 2023, 2:55 am

China house prices in july fell m/m and y/y

China House Prices in July -3.9% m/m (prior 0%)this is one of the biggest monthly declines on record-0.1% y/y (prior 0%)Among China's 70 major cities:...

August 16, 2023, 1:35 am

Forexlive asia-pacific fx news wrap: china cuts rates, data disappoint, yuan intervention

China state banks have been intervening to buy yuanThe Grayscale Bitcoin ETF case decision could come as soon as Tuesday US timeChina July Industrial ...

August 15, 2023, 2:57 am

Australian dollar getting sold after china rate cuts, rba minutes, miss on wages data

China rate cuts info is at these links, cuts to both the MLF and reverse repo rate:The People's Bank of China cut the MLF to 2.5% from 2.65 previously...

August 15, 2023, 1:40 am

Offshore yuan getting slammed lower after surprise pboc rate cuts

The People's Bank of China cut the MLF to 2.5% from 2.65 previously:PBOC 1 year MLF rate cut to 2.65% (prior 2.75%), as widely expectedAnd cut the rev...

August 15, 2023, 1:30 am

Pboc sets usd/ cny reference rate for today at 7.1768 (vs. estimate at 7.2648)

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...

August 15, 2023, 1:15 am

Forexlive asia-pacific fx news wrap: hang seng index slammed, wider risk off too: nq lower

MUFG say eased restrictions on Chinese international travel are yen supportiveAnalyst says the RBA cash rate has peaked at 4.1%, from prior forecast o...

August 14, 2023, 3:36 am

Pboc sets usd/cny reference rate at 7.1686 vs. 7.1587 previous

People’s Bank of China (PBoC) set the USD/CNY central rate at 7.1686 on Monday, versus the previous fix of 7.1587 and market expectations of 7.2461....

August 14, 2023, 1:59 am

Pboc sets usd/ cny central rate at 7.1685 (vs. estimate at 7.2461)

This is a HUGE move from the People's Bank of China, setting the yuan MUCH stronger than was expected. People's Bank of China set the onshore yuan (CN...

August 14, 2023, 1:15 am

Forexlive asia-pacific fx news wrap 10 aug: the nzd moves lower after weak pmi data

What are the charts telling us for the EURUSD, USDJPY and GBPUSD?NZD trades to a new low and below the 50% midpoint of the range since 2022Reuters pol...

August 11, 2023, 4:20 am

Pboc sets yuan midpoint at 7.1587/dollar.

The pboc sets the yuan midpoint at 7.1587/dollar vs the last close at 7.2177 This article was written b...

August 11, 2023, 1:22 am

Forexlive asia-pacific fx news wrap 9 aug: the apac session was about waiting for us cpi

USDJPY pushes up against the swing high from last week and highest level since July 7EURJPY pushes against ceiling area. Key area for both buyers and ...

August 10, 2023, 4:11 am

Pboc sets yuan midpoint at 7.1576/dollar vs last close of 7.2114

The Reuters estimate for the yuan midpoint was 7.2023, but the actual midpoint has been set lower at 7.1576/dollar. That compares to the last close at...

August 10, 2023, 1:18 am

Forexlive asia-pacific fx news wrap 8 aug: china cpi/ppi both fall into negative territory

S&P: It is possible, but not certain, that Australia economy can manage a soft landingChina's major state owned banks seen selling dollars to buy Yuan...

August 9, 2023, 4:40 am

Forexlive asia-pacific fx news wrap 7 aug. the usd funs higher to start new trading day.

What is ahead in the European and North American sessionChina trade balance for July USD 80.6 billion versus expected USD 70.6 billionJapan Chief Cabi...

August 8, 2023, 4:22 am


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