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Jun 17 - 02:55 AM

USD/JPY - USD/CNY Regains Composure As USD/JPY Takes Back Losses

By Ewen Chew  —  Jun 17 - 02:30 AM

• USD/CNY regains composure, flat vs Mon close, last 7.1815

• Likely to maintain supportive consolidation tone into FOMC

• Markets less sensitive to Middle East headlines for now

• Gyrations cued by USD/JPY swings in wake of BOJ decision

• BOJ held, as expected, but tapers bond buys

• But USD/JPY has since recovered from effect of JGB yields
CNY


(Ewen Chew is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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