PBOC sets the Yuan reference rate at 6.6034

The People's Bank of China (PBOC) set the Yuan reference rate at 6.6034 vs. previous day's fix of 6.6011.

Nov 30, 2017

AUD/JPY peeps above 1H 200-MA on upbeat China PMI

The bid tone around the Aussie dollar strengthened, pushing the AUD/JPY above the 1-hour 200-MA level of 84.80 and to the fresh session high of 84.98

AU-US 10Y spread at 17-year low, AUD no longer a high yielding currency?

The spread currently stands at 13.5 basis points (bps); the narrowest since June 2000. It means the 10-year Australia bond yield offers 13.5 basis poi