Reuters forecasts PBOC yuan midpoint at 6.7085
The PBOC has eased resistance to yuan gains, though September fixings remain below market estimates. Reuters sees the next midpoint at 6.7085.
The PBOC has eased resistance to yuan gains, though September fixings remain below market estimates. Reuters sees the next midpoint at 6.7085.
BOJ July minutes show an 8-1 vote to hold, with dissenter Takata's call for 1.25% realised at September's hike.
Forex rates at Monday open showed little change from Friday; NZ entered daylight saving time.
The dollar pulls back against most majors on profit-taking and lower oil prices, but technical bias still favors the greenback. Key levels identified for five…
BofA's model signals yen and pound selling, euro buying at month-end. The bank's quantitative signals also point bearish for GBP and JPY.
USD/JPY retreats towards 158.00 as Japan warns of yen weakness after Trump comments, testing the bullish breakout from yesterday.
USD/INR moves in tandem with oil prices as US-Iran negotiations dominate. A breakthrough may weaken the dollar and support the rupee.
Goldman Sachs cut its USD/JPY forecasts to 150 in 12 months, citing faster BOJ tightening and yen repatriation.
The SNB held rates at 0% and modified its intervention stance; USDCHF climbed to its highest since May 2025.
USD/JPY rose to a three-week high near 158.30, driven by a surge in Treasury yields above 5% after strong US data and a weak bond auction.
Key FX option expiries for 24 September include EUR/USD at 1.1400, USD/JPY at 157.50, and USD/CAD at 1.4100.
AUDUSD fell 1.02%, breaking below the 100-hour MA and 50% retracement, now testing key support at 0.7018-0.7027.
US dollar gains across the board; stocks fall ahead of PMI data.
EUR/USD is approaching the 1.1400 support zone as markets digest hawkish Fed and ECB decisions and await flash PMIs and US-Iran talks.
Reuters estimates the PBOC will set the USD/CNY reference rate at 6.6971, as the fixing signals caution over yuan strength.