Tag Archives: USD/CNY

The Global Macro Pulse

AUD underperformed in Asia trading, down 0.6% to 0.928 on the back of a weak employment report.

G10 FX was more subdued, but AUDUSD and EURUSD drifted down to 0.9299 and 1.3369 respectively while

AUDUSD rose to 0.9327, but most of this came ahead of the RBA statement.

AUDUSD moved up to 0.9324, in line with Friday’s highs, but EURUSD and USDJPY are basically flat at 1.3426 and

U.S. Review Growth Returns to a Solid Footing • The economy expanded at a 4 percent pace in the second quarter of the year,

G10 FX has traded sideways. USDJPY is at 102.89, EURUSD is trading 1.3388, and AUDUSD is flat to its Asian open at 0.9295.

EURUSD rose to 1.3399 from its overnight lows around 1.337, while USDJPY is at 102.77 after trading as high as 103.09.

EURUSD is steady at 1.3409 after its fall in late NYC trading, AUDUSD is similarly flat at 0.9382, and USDJPY is 102.09.

FX is similarly little changed in Asia today. EURUSD is 1.3434, AUDUSD is 0.9395, and USDJPY is 101.93.

The major G10 and EM currencies pairs were stuck in very tight ranges during the London morning and Asian session.

Asian currencies were range bound with few domestic data to dictate direction. KRW initially strengthened 0.3% before retracing gains.

U.S. Review Inflation Rising, Housing Not so Much • Despite the acceleration in consumer prices,