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PBOC sets yuan reference rate at 6.8632

The People's Bank of China (PBoC) has set the yuan reference rate for today's markets at 6.8632, versus yesterday's rate of 6.8894.

In Open Market Operations, the PBoC also injected a net 220 billion yuan via two separate injections for 150 billion and 100 billion yuan, both into 7-day reverse repos, with 30 billion maturing today.

AUD/JPY stuck near 78.00 as risk sentiment continues to swing

AUD/JPY is trading back into the 78.00 handle for early Friday trading as the pair cycles the familiar level, dipping into support from the 77.50 regi
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Markets scaling back bets on emerging markets - Reuters

According to reporting by Reuters, a Federal Reserve survey is highlighting that credit players are scaling back their expectations of a rise in emerg
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