PBOC set to fix USD/CNY reference rate near 6.7497
The People's Bank of China is expected to set the daily USD/CNY reference rate at 6.7497, according to a Reuters…
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MUFG opens long AUD/JPY at 111.20, targets 114.50 as yen intervention debate builds
MUFG has opened a new long AUD/JPY position at 111.20, targeting 114.50 with a stop at 109.20. The bank argues…
Dollar rebounds as yen slips further past intervention-era gains
The dollar snapped a two-week losing streak on Monday as oil's jump on Iran tensions drove safe-haven demand. The yen…
USD/JPY closes in on 160.00 with no clear intervention plan in sight
USD/JPY has extended today's gain to 134 pips, pushing the pair toward the 160.00 level that both Washington and Tokyo…
Deutsche Bank Named China’s First European Renminbi Clearing Bank
China has named Deutsche Bank as its first European renminbi clearing bank, giving the lender authority to process, clear and…
