<p><img width="526" height="326" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-uk1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/featured-images/f
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BoC set to stand pat, will dovish shift follow?
<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>BoC is widely expected
BoJ’s Himino stresses patience in monetary easing to prevent return to “frozen state”
<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-japan5.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>BoJ Deputy Governor Ryozo Himino
Australia’s Q3 GDP growth slows to 0.2% qoq, per capita output declines
<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-au1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>Australia’s GDP for Q
Market Sentiment Stabilizes, Attention on BoC Decision and US ADP Job
<p><img width="612" height="416" src="https://www.actionforex.com/wp-content/uploads/2021/08/f-can53.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/
BOJ deputy governor Himino spoke earlier: recap
<p>The link to the headline post is here:</p><ul><li><a href="https://www.forexlive.com/centralbank/boj-dep-gov-himinosays-will-maintain-easy-policy-until-sustained-stable-2-cpi-achieved-20231206/" target="_blank" rel="follow" data-article-link="true">BOJ dep gov Himino says will
Further reports of Chinese state banks FX intervention to support yuan, selling USD/CNY
<p>I posted earlier on intervention Tuesday:</p><ul><li><a href="https://www.forexlive.com/centralbank/chinas-state-banks-stepped-in-to-support-yuan-tuesday-moodys-downgraded-chinas-outlook-20231205/" target="_blank" rel="follow" data-article-link="true">China's state banks
BOJ dep gov Himino says will maintain easy policy until sustained stable 2% CPI achieved
<p>Bank of Japan Deputy Governor Himino:</p><ul><li> BOJ will patiently maintain easy policy until sustained, stable achievement of price target is in sight</li><li>Japan's financial system is likely resilient enough to weather stress from transition to higher interest rates</li></ul><ul>&l
PBOC sets USD/ CNY mid-point today at 7.1140 (vs. estimate at 7.1476)
<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>
PBOC is expected to set the USD/CNY reference rate at 7.1476 – Reuters estimate
<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