PBOC sets Yuan central parity at 6.5412 Thurs vs 6.5490 last

On Thursday, the Chinese central bank, PBOC, sets the USD/CNY reference rate at 6.5412 versus 6.5490 Wednesday close.

Mar 3, 2016

USD/JPY tracks Nikkei higher, 114 back on sight

The USD/JPY pair extends its overnight recovery from ahead of 113 handle, and now hovers in the vicinity of the session highs on the back of renewed risk-on wave across the markets.

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Mar 3, 2016

PBOC resumes OMOs, injects CNY40 bln via 7-day reverse repos

After skipping Open Market Operations (OMO) for two consecutive sessions, China’s PBOC resumed OMOs today, injecting CNY40 bln via 7-day reverse repos.

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