PBOC sets USD/CNY at 6.5169, huge injection of liquidiy

FXStreet (Bali) - PBOC sets USD/CNY at 6.5169 vs prior close of 6.5338 and yesterday's fix of 6.5032. The Chinese Centra Bank injects 130 bn yuan, which is way above average, as it aims to stabilize the Chinese stock market, after a 7% eltdown yesterday.

Jan 5, 2016

USD/JPY: can bulls keep the recovery alive?

With spot at 119.39 at time of writing and off the lows from overnight trade at 118.70, USD/JPY is making a recovery, albeit very minor, after a very strong headwind of risk took it down through major technical and psychological levels.

AUD/USD breaks 0.72 on better risk-mood in Asia

AUD/USD is making a small recovery as Asia gets going with full markets returning this week in a heavily bearish start to the year for the pair.