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EURJPY TECHS

Finds Support Below The 50-Day EMA

EUROZONE T-BILL ISSUANCE

Bill Supply for W/C Jan 17, 2022 (2/2)

EUROZONE T-BILL ISSUANCE

Bill Supply for W/C Jan 17, 2022 (1/2)

USDJPY TECHS

Bullish Doji Candle

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Timeline of key events (Times GMT)

EURGBP TECHS

Still In Consolidation Mode

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Spot USD/CNH operates marginally above neutral levels, last +29 pips at CNH6.3757, amid an uptick in the DXY.

  • Bulls look for a clearance of Nov 26 high of CNH6.3999 before taking aim at Oct 29 high of CNH6.4104. On the downside, initial focus falls on Dec 1/Nov 16 lows of CNH6.3631/16 and a break here would expose May 31 low of CNH6.3525.
  • The PBOC set their central USD/CNY mid-point at CNY6.3738 today, just 2 pips below sell-side estimate.
  • Expansion in China's services sector slowed more than forecast in November, according to the latest Caixin PMI survey. Headline index printed at 51.1, down from 53.8 recorded in October.
  • China's trade data will be released on Tuesday, with inflation data coming up Thursday.