MNI: PBOC Net Drains CNY236.6 Bln via OMO Tuesday

MNI BRIEF: Market Cash Rate Pricing Off - RBA Minutes

MNI: PBOC Sets Yuan Parity Lower At 7.1325 Tues; +2.12% Y/Y

China Repo Rates Rise On Tuesday

CHINA PBOC CONDUCTS CNY149.1 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1325 TUES VS 7.1415

Headline Consumer Sentiment Softens, House Price Expectations Rise Further

EZ/UK Bond Supply Calendar: Finland Syndi; Green Bunds Due Tues

CBRT Data Watch

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

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

Yen Volatile In Asia

FOREX

The Yen has ticked lower in Asia today, USD/JPY breaching the ¥143 handle and printing a low of ¥142.50 in volatile early trade before paring losses through the session to sit ~0.2% lower.

  • There was no overt headline driver for the move lower which came in thin liquidity and was perhaps position squaring ahead of today's NFP print as recent BOJ speak continues to support the Yen.
  • AUD/USD is marginally firmer rising ~0.2% to sit above the $0.66 handle. The uptrend in AUD/USD remains intact, resistance comes in at $0.6623 high from Dec5 then $0.6691, high from Dec 4 and bull trigger. Support is at the 20-Day EMA ($0.6547).
  • Kiwi is little changed from opening levels, narrow ranges have been observed today with a narrow $0.5155/75 range persisting.
  • Elsewhere in G-10 there are no moves of note to report.
  • The cross-asset space is muted; BBDXY is a touch lower as are US Tsys.
  • November NFP print provides the highlight of today's session, the MNI preview is here.
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.