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<p><img width="531" height="325" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-canada1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>In a speech overnight,

<p><img width="612" height="416" src="https://www.actionforex.com/wp-content/uploads/2023/01/f-usd-jpy30.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-cont

<p>A note from Oxford Economics cited by Dow Jones / Market Watch. The chief US economist at the analyst firm says that bond and stock market moves in November, the big rallies in each, has made financial conditions much looser again:</p><ul><li>"The decline in yields and surge in equity prices more than fully unwinds t

<p>Reserve Bank of Australia Head of Financial Stability Department, Andrea Brischetto:</p><ul><li> Budget pressures are being felt very broadly across households</li><li>But incidences of severe financial stress are currently limited to much smaller group</li><li>Most borrowers appear well placed to

<p>Via ING come their regular pre-European Central Bank meeting awesome Cheat Sheet. Keep this handy for December 14!</p><ul><li>Heading into the European Central Bank's December meeting, there is growing evidence that the Governing Council is split about the messaging being presented to markets. The generally arch-hawk

<p>Japan's 10-year government bond yield has leapt to a three-week high at 0.8%</p><ul><li>10 year JGB yield up 5 basis points from the previous session</li><li>highest since November 16</li></ul><p>Yesterday I posted on investors demanding higher yields from Japanese fixed interest as they

<p>The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.</p><ul><li>USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.</li><li>CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.</li>

<p>News from the Central Bank of the Russian Federation on thuersday saying that exporters had increased foreign currency sales to $13.9 billion in November from $12.5 billion in October.</p><ul><li>Citing capital controls intended to proper up the local currency, in early October President Putin reintroduced capital control

<p>USD/JPY has dropped to under 143.30. It was trashed even lower overnight and rebounded to 144:</p><ul><li><a href="https://www.forexlive.com/news/forexlive-asia-pacific-fx-news-wrap-ueda-talks-about-exit-yen-rallies-20231207/" target="_blank" data-article-link="true">ForexLive Asia-Paci

<p>People's Bank of China USD/CNY reference rate is due around 0115 GMT.</p><p>The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan