MNI: PBOC Net Injects CNY214 Bln Via OMO Tues; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1225 Tues; -0.94% Y/Y

CHINA PBOC CONDUCTS CNY300 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1225 TUES VS 7.1201

MNI China Daily Summary: Monday, June 24

MNI BRIEF: China Urges Removal Of Car Buying Restrictions

MNI BRIEF: Japan May Services PPI Rises 2.5% Vs. April 2.7%

MNI: JAPAN MAY SERVICES PPI +2.5% Y/Y; APRIL  +2.7%

Consumer Sentiment Firms, Inflation Expectations Ease Back To 3.0%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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

Nothing To Move The Needle From BoJ Gov Kuroda

DOLLAR-YEN

USD/JPY has added a handful of pips and last sits +6 pips at Y105.45, with e-minis operating in the green. A clearance of Oct 13 high of Y105.63 would allow bulls to set their sights on Oct 7 high & bull trigger located at Y106.11. Bears keep an eye on Oct 14 low of Y105.04. A breach of that level would give them a green light for targeting Oct 2 low of Y104.94, a key near-term support.

  • BoJ Gov Kuroda spoke over the weekend but offered no fresh insight, flagging no intention of changing the Bank's inflation-targeting policy/forward guidance and reiterating readiness to take further steps if needed.
  • Japanese trade balance comes out shortly. Final machine tool orders are due Tuesday, CPI & flash Jibun Bank PMIs are due Friday.
BulletMarketsForeign Exchange Bullets
BulletMarketsForeign Exchange Bullets

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.