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PBOC injects CNY 200B via one-year MLF at 2.95%

The People’s Bank of China (PBOC) injected 200 billion yuan via one-year medium-term lending (MLF) facility on Monday.

The Chinese central bank issued the one-year MLF at 2.95%, unchanged from the previous operation.

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PBOC sets Yuan reference rate at 7.0902

The People's Bank of China (PBOC) has set the yuan reference rate at 7.0902 versus Friday's fix at 7.0865.
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USD/JPY Price Analysis: Rejection at 50-day SMA proves costly

The USD/JPY bulls failed to cut through the 50-day simple moving average (SMA) at 107.55 early Monday and the pair is now trading in the red near 107.
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