PBOC injects net CNY 810 bn via OMOs this week

For the week, the Chinese central bank (PBOC) injected a net of CNY 810bn via Open Market Operations (OMOs) versus net CNY 230bn drainage seen in the previous week.

Nov 17, 2017

GBP/USD rises to two-week highs

The upside in GBP has gathered traction in Asia, with the GBP/USD pair rising to a two-week high of 1.3238. The move higher lacks clear fundamental t

Dollar Index tests trendline support possibly on curve flattening, focus on tax bill

The dollar index (DXY) is carrying a weak tone this Friday morning in Asia, possibly due to continued flattening of the Treasury yield curve. As of w