PBOC drains a net 280 bln Yuan this week via OMOs

 China’s central bank, the PBOC drained a net 280 bln Yuan for the week via Open Market Operations (OMOs) this week, versus a net 155 bln Yuan injection last week, Reuters reports.

EUR/USD holds above 1.05, Eyes Yellen speech

EUR/USD closed below 10527 (61.8% of 1.0341-1.0829) on Thursday, but holds above 1.05 handle despite the sharp rise in the treasury yields and Fed rat
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