The ‘sharp, one-sided’ comments are more firthright than usual. More strident. USD/JPY is getting closer to a level we can expect some actual yen-buying intervention. …
Tracking yuan moves, these from earlier – a higher than expected reference rate for the CNY (lower than expected USD/CNY): PBOC sets USD/ CNY central …
Wall Street added to recent losses overnight, as the moderation from previous overbought technical conditions and extreme bullish sentiments continues. Source
Via National Australia Bank, comments on the Chinese yuan: June-to-date changes for major currencies shows the standouts are the 2.9% rise in USD/JPY and 1.8% …