PBOC sets the Yuan reference rate at 6.6218

The People's Bank of China (PBOC) sets the Yuan reference rate at 6.6218 vs. 6.6195.

The central bank has decided to skip the open market operations and believes the liquidity is at moderate levels.

Dec 8, 2017

USD/JPY bulls have an appetite for higher still on 113 handle

USD/JPY rallied hard to test the 113 handle in NY with a close just above where bulls in Tokyo are supporting the idea of higher levels yet. Currently

GBP/JPY at 4-day high, but risk reversals hit 9-day low

GBP/JPY extended yesterday's 200-pip rally to a four-day high of 152.64 in Asia on reports that reports that the UK, Ireland, and the EU are working t