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PBOC sets USD/CNY reference rate at 6.7939 vs. 6.7906 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7939 compared to the previous day's fix of 6.7906 and 6.7795 Reuters estimate.
Japan’s National CPI climbs 1.7% YoY in June, Core CPI rises as expected
Japan’s National Consumer Price Index (CPI) rose by 1.7% YoY in June, compared to the previous reading of 1.5%, according to the latest data released by the Japan Statistics Bureau on Friday.
Japan National Consumer Price Index (YoY) increased to 1.7% in June from previous 1.5%
Japan National Consumer Price Index (YoY) increased to 1.7% in June from previous 1.5%
British Pound Sterling slides for a sixth session on a Dollar story Britain had no part in
Sterling's sixth consecutive losing session arrives without a single domestic headline behind it, and that absence is the more useful fact about Thursday than the 0.45% loss itself.
Australia S&P Global Manufacturing PMI increased to 51.7 in July from previous 51.5
Australia S&P Global Manufacturing PMI increased to 51.7 in July from previous 51.5
Australia's S&P Global Manufacturing PMI rises to 51.7 in July
The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) rose to 51.7 in July versus 51.5 prior, the latest data published by S&P Global showed on Friday.
Chinese Yuan: Upside bias toward 6.7600 against US Dollar – UOB
United Overseas Bank’s Quek Ser Leang and Lee Sue Ann expect USD/CNH to remain in a narrow consolidation between 6.7680 and 6.7780 intraday after a lacklustre session.
EUR/JPY extends rally as ECB hike buzz tests Yen risks
The EUR/JPY extends its advance for the third straight day, set to end the week with solid gains as traders brace for the end of the week.
Indonesian Rupiah: BI may still need to tighten – MUFG
MUFG’s Lloyd Chan reports that Bank Indonesia kept its policy rate at 5.75%, surprising expectations for a hike, as recent Rupiah stabilization allowed policymakers to stay on hold.
New Zealand Dollar falls as strong US labor data supports the Dollar
NZD/USD trades lower near the 0.5770 area on Thursday as the US Dollar (USD) strengthens following better-than-expected United States (US) labor-market data.
GBP/JPY Price Forecast: Holds 218 floor as bulls eye 219 breakout
The GBP/JPY rotates for the third straight day, as a ‘bullish harami’ chart pattern opens the door for further upside, but intervention fears by Japanese authorities cap the cross-pair advance. The GBP/JPY trades at 218.17, unchanged.
Singapore Dollar: Sideways range holds against US Dollar – UOB
United Overseas Bank’s Quek Ser Leang and Lee Sue Ann expect USD/SGD to remain directionless in the near term, with intraday trading confined to a tight 1.2900–1.2925 band. Over the coming weeks, the pair is seen oscillating in a broader 1.2875–1.2955 range as earlier downside momentum has faded.
Indonesian Rupiah: BI uses incentives over hikes – Commerzbank
Commerzbank’s Charlie Lay reports Bank Indonesia kept the BI Rate at 5.75%, choosing targeted capital-flow incentives over further tightening to support the Indonesian Rupiah. BI cut hedging costs and improved macroprudential liquidity tools, echoing RBI’s playbook.