GBP/JPY continues move lower this week but runs into cluster of key support levels 0 (0)

GBP/JPY approaches some key technical levels in the downside run this week
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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

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PBOC announces adjustment to its daily open market operations timing window 0 (0)

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

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All eyes on the Fed now 0 (0)

The dollar keeps weaker ahead of the Fed
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The franc is a notable gainer, and is posting decent gains of around 1.7% against the greenback so far this week after SNB sight deposits for the first time since January – in a sign that the SNB is relaxing

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