PBOC injects net CNY 100B this week

The People’s Bank of China (PBOC), the Chinese central bank, injected net CNY 100 billion this week via Open Market Operations (OMOs).

Meanwhile, it skipped the OMOs today.

PBOC set Yuan reference rate at 6.8993.

AUD/JPY: Capped at the bottom of the Ichimoku cloud

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AUD/USD: Offered at 200-HMA, Westpac now expects RBA to cut rates 3 times in 2019

AUD/USD has come under pressure this Friday morning in Asia, possibly due to Westpac revising its forecast for RBA rate cuts in 2019 from 2 to 3. The
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