Yen Softens, Aussie Gains on BoJ Data and RBA Hawkish Comments
Yen falls as Japan inflation misses forecasts, while Aussie gains on RBA Governor Bullock's hawkish comments.
PBOC set the USD/CNY central rate at 6.7670, above the Reuters estimate of 6.7051. It injected 597 billion yuan via overnight reverse repos, with no seven-day…
The People's Bank of China permits the yuan to move up or down by as much as 2% from this central rate. Further details can be found here.
No seven-day reverse repurchase agreement was conducted today.
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Yen falls as Japan inflation misses forecasts, while Aussie gains on RBA Governor Bullock's hawkish comments.
AUDUSD fell after FOMC but rebounded from the 100-day moving average and 50% retracement, aided by lower yields and higher commodities.
USDCAD broke above key resistance after the Fed. Buyers aim to hold 1.4000, while sellers look to defend that zone.
Dollar trades mixed as markets digest the Fed's 25bp hike and BOE's hold. Equities rebound, yields fall, oil dips toward $100.