MNI BRIEF: BOC Governor Tiff Macklem Opening Statement

MNI BRIEF: Text of Bank of Canada Interest-Rate Decision

BOC CUTS RATE 50BPS TO 3.25%, SEES GRADUAL APPROACH FROM HERE

MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

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

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

MNI: US NOV SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.342%

MNI: US NOV CPI UNROUNDED M/M 0.313%, CORE 0.308%

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

USD Recoups Some OF Thursday's Losses, AUD & NZD Underperform

FOREX

The USD has continued to regain some of Thursday's lost ground, as Friday's Asia Pac session unfolds. The BBDXY last back above 1254.15, up 0.10% for the session so far (unwinding around a third of Thursday's losses).

  • AUD and NZD are the weakest performers, both currencies down around 0.30% against the USD. AUD/USD was last back close to 0.6600, NZD around 0.6015.
  • Regional equity sentiment is mixed. HK equities are higher amid potentially greater south bound flows around tax changes under consideration. China Mainland equities are mostly down though. Earlier headlines from BBG on potential tariff increases from the Biden Administration on key sectors like EVs, is probably weighing.
  • USD/CNH has firmed back towards 7.2300, another potential AUD and NZD headwind
  • USD/JPY has once again been supported on dips the pair last around session highs near 155.75, around 0.15% weaker in yen terms.
  • US equity futures are close to flat. US 10yr Tsy futures looked to test Thursday highs earlier, but we back lower in recent dealings. Cash Tsy yields are back to being slightly higher for the session.
BulletMarketsForeign Exchange BulletsHomepage
BulletMarketsForeign Exchange BulletsHomepage

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.