NZDUSD buyers defend 0.5579 support, stall at 200-HMA
NZDUSD held above 0.5579 support after weak NZ jobs data, but the rebound stalled at the 200-hour moving average, leaving the pair in a technical standoff.
6 h ago9 min read
PBOC's daily yuan fix: 6.7156 per dollar, topping the 6.6783 prediction
PBOC set USD/CNY reference rate at 6.7156 vs 6.6783 estimate, and repo operations resulted in net 609.5 billion yuan withdrawal.
05/11/2026 02:172 min read
The People's Bank of China allows the yuan to trade within a 2% band above or below the daily reference rate.
The PBOC injected 263 billion yuan into overnight reverse repo operations, carrying a rate of 1.25%.
- Maturing today are 257.5 billion yuan of overnight reverse repos, 115 billion yuan of 7-day reverse repos, and 500 billion yuan of 3-month outright reverse repos.
- The net withdrawal for today stands at 609.5 billion yuan.
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