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PBoC Fixed USDCNY Reference Rate At 6.7110 (prev fix 6.7142 prev close 6.7120)

PBoC Fixed USDCNY Reference Rate At 6.7110 (prev fix 6.7142 prev close 6.7120):

  • PBoC gauged demand for 7, 14, 28 & 63 day reverse repos
  • Skipped open market ops today
     

AUD/USD Technical Analysis: 50-day SMA acts as immediate support despite welcome Aussie data, symmetrical triangle also in play

The AUD/USD pair is close to the intra-day low of 0.7115 (also the 50-day SMA support) despite positive Westpac consumer confidence data from Australia.
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WTI Technical Analysis: 4hr stochastic slens bearish and bears eye a run to 4HR 50-SMA

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