MNI: PBOC Sets Yuan Parity Higher At 7.1376 Fri; -0.90% Y/Y

CHINA PBOC CONDUCTS CNY1.17 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1376 FRI VS 7.1323

MNI CNB WATCH: Cut Pace Slows To 25Bps, Price Pressures Remain

MNI BRIEF: China Steel Market To Remain Subdued In August

MNI BRIEF: CNB Cuts 2W Repo Rate By 25Bps To 4.5%

Australia Jun New Loan Commitments +1.3% For Housing

More Detail On Today's CPI, BoK Likely On Hold Later In August

CPI Steady - Temporary Factors Driving For Now

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

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

USD Extends Gains In Early Asia Pac Trade, A$ & NZD Sub Friday Lows

FOREX

The USD is seeing firmer impetus in early Monday trade. AUD and NZD are the weakest performers at this stage. AUD/USD sits under 0.6500, down 0.30% for the session (last near 0.6490), while NZD/USD is off by around 0.20% (last close to 0.6050). Both currencies are sub Friday lows.

  • US Tsy futures are sub Friday lows at the margin, which is likely aiding USD sentiment. US equity futures are off slightly, (down 0.10-0.15% at this stage0.
  • USD/JPY is above 148.60 also above Friday highs, albeit just. EUR/USD is near 1.0770.
  • The focus point will be Fed Chair Powell's interview on 60 minutes coming up in around 40 mins, although the interview reportedly took place prior to the NFP print.
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.