MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI BRIEF: Ontario To Cut U.S. Energy Flows When Tariffs Hit

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI BRIEF: US Budget Deficit $367B In Nov; FYTD Record $624B

MNI China Daily Summary: Wednesday, December 11

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

EZ/UK Bond Supply Calendar: BTP Auction on Thursday

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

Dollar Steady As Market Awaits BoJ

FOREX

USD sentiment has had a steady start in Tuesday trade. The BBDXY is a touch above end Monday levels, last near 1237. Overall ranges have been tight though, as markets await the BoJ decision later.

  • USD/JPY sits at 148.10/15, little changed for the session. Earlier lows were at 147.93, keeping us well within recent ranges, as markets await the BoJ outcome. Headlines crossed earlier from the Nikkei around potential BoJ forecast revision, but these look in line with earlier reports of the potential for lower headline forecasts but steady core estimates.
  • AUD/USD is a touch above NY closing levels from Monday, last in the 0.6570/75 region. The Dec NAB business conditions survey has just printed. Confidence rebounded to -1 from -8 prior. Conditions eased though to 7 from 9 prior.
  • NZD/USD got to 0.6066, fresh lows in early trade, but we now sit back near 0.6080, little changed for the session. Earlier we had the performance of services index print, dipping to 48.8, versus 51.1 prior.
  • Outside of the upcoming BoJ decision there is little other risks event risks in Asia Pac trade today.
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.