MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Antipodeans Gain, Markets In Waiting Mode

FOREX

Most major USD crosses tread water in Asia-Pac hours, as participants were preparing for the upcoming monetary policy decision from the FOMC & China's monthly economic activity data. The DXY was happy to hold its yesterday's range.

  • The Antipodeans were slightly firmer, despite light regional news flow. A BBG trader source flagged demand for the Aussie from local exporters.
  • The PBOC set its central USD/CNY mid-point at CNY6.4078, 7 pips above the sell-side estimate. Spot USD/CNH held a very tight range, close to neutral levels.
  • Apart from the aforementioned FOMC decision & Chinese data, focus turns to inflation figures from the UK & Canada, U.S. housing starts/building permits, as well as ECB & BoC speak.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.