GBP/JPY approaches some key technical levels in the downside run this week
For bank trade ideas, check out eFX Plus
The pair is down for its fourth consecutive day as the yen remains the best performing major currency in trading this week. The pair managed to break above its 200-day MA (blue line) towards the end of

Not much reprieve or change to the risk-off mood this morning
The pullback today largely reflects the softer tone in US stocks – except the Nasdaq – in trading yesterday and also the nudge lower in US futures today as well.

The changes will go into effect starting from tomorrow (12 June)
– Daily OMOs to take place between 0900 to 0920 local time now
– Will issue announcement at 0900 local time if no OMOs conducted
Just one to take note for the daily yuan fixing and OMOs by the PBOC. For some context, the timing window for