PBoC is e4xpected to set USD/CNY mid-point ar 6.7104 (prev. 6.7795)

Newsquawk Staff · 8 Sept 2026, 00:43 UTC

What our morning note said

Rates and central banks · about 19 hours before this headline

DXY trades lacklustre in holiday-thinned conditions; G10s are steady against the USD.

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Case studies

FX headlines from our feed, and what the market did next.

Fed’s Waller (voter) says more rate hikes are likely needed to tame inflation, but there is flexibility over the pace and hikes do not need to be consecutive.
DXY+0.1%
Japan's GPIF didn't discuss allocation at its September meeting, Bloomberg reports.
USD/JPY+0.1%
Japanese FX Official Mimura says they are closely watching to see if markets take the clear message they are giving at face value. Not satisfied with or reassured by recent JPY action.
USD/JPY−0.5%

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