|
|
|
USD was a touch firmer across most AXJs in particular
Philippine Peso this morning. Market chatters of 10Y PHP bonds getting
sold and stop-buy orders being tripped on USDPHP. Onshore spot was last
seen at 50.20, highest level since 2007. Also happening this morning, the
PBoC weakened CNY reference rate by most (0.42%) against the USD (6.8743
vs. 6.8456 on Fri) since 9 Jan. CNH now trades at a +237 pips premium
over CNY. We have a quiet day ahead in terms of data release (TH GDP due
1030am ...
|
|
|
|
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.