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ForexLive Asia-Pacific FX news wrap: USD/JPY a little lower on the day

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  • Foreign exchange information for Asian buying and selling on Thursday, 6 July 2023
Eamonn Sheridan

Eamonn Sheridan

Thursday, 06/07/2023 | 03:00 GMT-0

06/07/2023 | 03:00 GMT-0

It
was a slender vary day for main FX throughout the Asia session.

The
information agenda was very gentle, with a widening of Australia’s commerce
surplus reported for Could and a swing to web overseas shopping for of
Japanese shares within the week to July 1.

Federal
Reserve Financial institution of New York President John Williams spoke
early within the session (see bullets above), saying the June Federal
Open Market Committee (FOMC) pause was the proper name however that the
Committee could have to lift charges once more, data-dependent.

The
Folks’s Financial institution of China set the USD/CNY reference price a lot decrease
than was anticipated, once more (i.e. a stronger CNY). The offshore yuan
swung round on the information however has since come again to be little modified
on the day.

USD/JPY drifted decrease, there was no commentary out of Japanese officers in any respect up to now as we speak:

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