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ForexLive Asia FX news wrap: PBOC squeezes yuan shorts, hard

Discussion in 'Market News' started by ForexLive, Jan 12, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Forex news for Asia trading Tuesday 12 January 2016 China Comments from Federal Reserve's Kaplan: Japan: Still to come: The People's Bank of China continued to act on its intention to calm the yuan market today, squeezing offshore yuan shorts. Meanwhile, Chinese stock markets showed some stability, and oil continued its decline.

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