PBoC sets USD/CNY reference rate at 7.1028 vs 7.1016 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1028 as compared to the previous day's fix of 7.1016 and 7.2238 Reuters estimates.

May 9, 2024

BoJ’s Summary of Opinions: Easy monetary conditions are expected to continue

Bank of Japan (BoJ) published the Summary of Opinions from its March monetary policy meeting on April 25 and 26, with the key findings noted below.

USD/JPY holds positive ground above 155.50 following the BoJ Summary of Opinions

The USD/JPY pair trades in positive territory for the fourth consecutive day around 155.60 during the early Asian trading hours on Thursday.