Month: June 2018

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  PBOC sets USD/ CNY mid-point today at 6.4586 (vs. yesterday at 6.4235)

  People's Bank of China with the daily reference rate for onshore yuan against the USD. A huge drop for the CNY on the day. If[...]
  2018-06-21 10:10:36

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  Re-cap on the yuan devaluation (or should that be a pre-cap?)

  This from the Wall Street Journal on the likely response in the onshore yuan (and the People's Bank of China setting of it): yesterday -[...]
  2018-06-21 10:10:36

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  Barclays preview the Bank of England monetary policy meeting Thursday

  Coming up on Thursday June 21 in the UK - the BoE MPC!   
  2018-06-21 10:10:36

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  (Re) CapEco on the RBA minutes - another case of miscommunication

  This from Capital Economics on the RBA minutes (June meeting) from yesterday, bolding mine: Miscommunication with missing phrases?
  2018-06-21 10:10:36

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  ECB's Villeroy says first rate rise could come in summer 2019

  Comments by ECB member and Bank of France governor Villeroy Po-tae-to, po-tah-to. Very much the same message as what we heard yesterday from Draghi and[...]
  2018-06-21 10:09:06

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  ECB's Nowotny says that he sees euro depreciating against the dollar

  Comments by ECB member Ewald Nowotny EUR/USD suffered a dip on the headlines, to a low of 1.1537 before bouncing back to 1.1553 now. The[...]
  2018-06-21 10:09:06

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  Big guns on the agenda at the ECB forum today: Powell, Draghi, Kuroda, Lowe

  The European Central Bank forum continues Wednesday 20 June 2018 , the highlight will be at 1530GMT  Policy panel discussion with  - Mario Draghi, President,[...]
  2018-06-21 10:09:06

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  ECB's Villeroy says growth in France remains good

  Villeroy is also the Bank of France governor The French economy grew by 1.9% in 2017, so a moderate estimate of 1.8% is actually pretty[...]
  2018-06-21 10:09:06

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  BOJ's Amamiya expects Japanese economy to keep growing stably

  Comments by BOJ deputy governor Amamiya Nothing new so far to come from Amamiya with regards to policy. The Japanese government is set to introduce[...]
  2018-06-21 10:09:06

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• 
  USDJPY corrects to 38.2% retracement of the tumble today

  Also moves toward 110.00 The USDJPY has corrected to the 38.2% of the the tumble lower today. That move took the price from the last[...]
  2018-06-21 06:25:12

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