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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 14, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    The main event overnight was the release of Chinese inflation data, which arrived above expectations. The Yuan strengthened a bit, and the PBoC put today’s USD/CNY mid-point at 6.7157, down 100 pips from yesterday. While the Asian stock markets are mixed, it was risk-on in FX as the US Dollar[​IMG]

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