China A50 FTSE futures trading above 1%

FXStreet (Bali) - Ahead of the PBOC fix, China A50 FTSE futures are trading up by 1.4%, which bodes well for the open of Shanghai trading at 1.30GMT. Copper is also trading firmly up, while USD/CNH continues to fall, moves that suggests a more friendly risk environment.

Jan 18, 2016

EUR/JPY: testing the upside of consolidative channel

EUR/JPY is better bid at the start of the week within a sideways channel and is testing the resistance for a pop bank onto the 128 handle. The yen has been in vogue so far this year with concerns over the global recovery and in a flight to safety.

PBOC sets USD/CNY at 6.5590 vs 6.5840 last close

Today's PBOC fix stood at 6.5590 vs 6.5840 last close.