There are a few suggestions about the BOJ could reduce its purchase amount of 25+ year JGBs today If so, there might be some impact on USD/JPY. Having said this, reductions in amounts purchased at recent operations have met with a big no interest from FX
TD with a note on the Reserve Bank of New Zealand and the NZD, title TD citing: – housing credit ‘upbeat’ – ‘leap’ in high LVR loans ‘ On the RBNZ outlook, and for the kiwi:
Goldman Sachs on Federal Reserve Chairman Jerome Powell’s comments at Jackson Hole last week – Says they should not be read as dovish for the path of interest rates —
It’s a formality at this point Moments from now, Richard Clarida will be confirmed as Vice Chairman of the Board of Governors of the Federal Reserve System. That will be one important vacancy filled.
You know how your computer breaks down and you call the techies and some guy with a degree in IT says you can fix it by turning it off and on again? Yeah, same for the yuan apparently
Onshore yuan mid rate from the People’s Bank of China The yuan had traded stronger Friday after the mid rate setting, PBOC reflecting some but not much of that in the rate today.
It took until Saturday for a central banker to cut through the waffle (Polly Waffle?*). Agustin Carstens, general manager of the Bank of International Settlements and former head of Mexico’s central bank:
ASB with their latest outlook for the New Zealand economy and more. This on the RBNZ and the kiwi dollar. ASB expect Cite For the: New Zealand dollar
Latest info has the Hong Kong Monetary Authority purchasing more HKD in intervention efforts – HKD 2.8bn of local currency bought – HKMA seeking to once again defend the trading band The upper bound is at 7.85 for USD/HKD