PBOC is expected to set the USD/CNY reference rate at 6.7698 – Reuters estimate

<p>PBOC CNY reference rate is due around 0115 GMT.</p><p>-</p><p>Update to USD/JPY after the earlier news shunted it lower:</p><ul><li><a href="https://www.forexlive.com/centralbank/report-the-boj-will-review-the-side-effects-of-easy-policy-next-week-20230111/" target="_blank" rel="follow" data-article-link="true">Report – The BOJ will review the side effects of easy policy next week</a></li><li><a href="https://www.forexlive.com/centralbank/usdjpy-extends-under-13200-on-the-boj-review-news-20230111/" target="_blank" rel="follow" data-article-link="true">USD/JPY extends under 132.00 on the BOJ 'review' news</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.