Brandt's Biggest FX Bet Is Short EUR/JPY as Yen Strengthens
Peter Brandt's firm holds its largest futures and FX position in a short EUR/JPY trade as the yen gains on intervention and rate expectations.
3 h ago9 min read
PBOC fixes USD/CNY mid-point at 6.7192, above market estimate
The PBOC set the USD/CNY mid-point at 6.7192, higher than the 6.6779 estimate.
21/10/2026 02:112 min read
The People's Bank of China permits the yuan to move up or down by as much as 2%, using this central rate as a reference.
- The PBOC has added 80 billion yuan via overnight reverse repurchase agreements
- No seven-day reverse repos were conducted today
- 56 billion yuan in seven-day reverse repos are due to mature today
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