People's Bank of China not seemingly fussed by round 1 of the French election, but strengthening the yuan against the USD alongside stronger currencies elsewhere

PBOC inject 30bn yuan through reverse repos in open market operations (OMOs) today:

  • To inject 10 bn yuan through 7-day reverse repos
  • To inject 10 bn yuan through 14-day reverse repos
  • To inject 10 bn yuan through 28-day reverse repos