PBOC sets USD/CNY at 6.4707 vs 6.4754

Apr 7, 2016

Yen buying reigns, quick pop fully reversed

After a brief drive just under 110.00, follwoing a quick 25 pips pop in early Tokyo, the USD/JPY and the rest of Yen crosses are trading under extreme

PBOC injects 10bn yuan via 7-day reverse repos

In Open Market operations today, the PBOC injected 10bn yuan via 7-day reverse repos.