PBOC drains net CNY 250 bn via OMOs this week

PBOC drains a net CNY 250 bn via Open Market Operations (OMOs) this week versus a net drain of CNY 335 bln seen last week.

Meanwhile, the Central bank skipped OMOs for the eleventh consecutive session today.

Jul 7, 2017

GBP/JPY clocks 8-week high in Asia, breaches 2-yr long downtrend line

GBP/JPY cross jumped to an 8-week high of 147.56 after the BOJ exercised its control over the Japanese bond yields via increased bond purchases. Fal

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Jul 7, 2017

GBP/USD supported on cross-driven strength, will it regain 1.30 on UK data?

A solid comeback staged by the US dollar versus its major peers in Asia, put a lid on the ongoing recovery seen in the GBP/USD pair, with the bulls no

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