This morning, the PBoC raised its USD/CNY exchange rate fixing again, paving the way for a slightly weaker CNY, Commerzbank’s FX analyst Volkmar Baur notes.…
GBP/USD continues to benefit from broader dollar weakness and reserve diversification trends, with FX managers potentially trimming dollar holdings in favor of currencies like sterling.…
Japanese Prime Minister (PM) Shigeru Ishiba said on Tuesday that “Japan is not pursuing so-called currency devaluation policy.” Ishiba further noted that they “have had…
Following are the key takeaways from the People’s Bank of China’s (PBOC) annual macro-prudential work conference. Will step up analysis of macroeconomic and financial work.…